Italy has an excellent plan...for preventing a bail out package from the EU. This will be an immense help with speeding up the EU crisis as Italy is in the spotlight for being the largest risk in the crisis that can tip the balance of the budget and send the Euro south.
"Government sources say Monti's mix of cuts and tax rises will total some 20 billion euros ($27 billion) over two years. About half will go to reduce the deficit and balance the budget by 2013 despite an economic downturn and rising borrowing costs.
The rest will free up resources to try to regenerate Italy's recession-bound economy."
https://www.reuters.com/article/2011/12/04/us-eurozone-idUSTRE7B30AO20111204
I don't know about you fine people, but my sentiment is positive that we will actually see a North spike in the shares we hold in various stocks. I am relieved as I'm sure most of you are that the EU is finally painted in a corner and can NOT push this crisis out any further :-).