Italy Races to Calm Fears Over Failing Financial Health

Aired: 7/13/2011 | 0:08:46 | Clip
In hopes to calm the economic world's jitters over Italy's failing financial health, Finance Minister Giulio Tremonti announced plans to strengthen a $57 billion austerity package. Ray Suarez discusses Italy's economic crisis with Il Sole 24 Ore's Mario Calvo-Platero and Harvard University's Ken Rogoff.