Italy ETF Wrestles with Austerity Measures
August 30, 2011 at 09:31 AM EDT
An exchange traded fund tied to Italy could see a bumpy ride after the government announced further austerity measures in response to Europe’s debt crisis. The iShares MSCI Italy Index (NYSEArca: EWI) is in focus amid the latest drama that the Italian government faces. Prime Minister Silvio...