France, Italy's challenge to German austerity demands causing turmoil

London

THE big question facing the shaky eurozone populace is whether the French and Italian rebellion against German austerity demands will succeed.

Such is the uncertainty that the faltering region, which has had a two-year respite from crisis, is once again causing turmoil in markets and threatening global economic recovery. It is hoped that European leaders will be open to ideas from their Asian counterparts at a two-day summit in Milan.