European Parliament 26 September 2012, Written question E-008522/12 Angelika Werthmann (ALDE) to the Commission. Italy was ‘too big to fail’. What now?

Question for written answer E-008522/12 to the Commission Angelika Werthmann (ALDE) (26 September 2012) Subject: Italy was ‘too big to fail’. What now? The popular belief was that Italy was ‘too big to fail’, but now there are fears that massive support may be required here too. At the same time, plans are under consideration to quadruple the European Stability Mechanism (ESM). 1.