There is a high risk Europe will face yet another crisis, economist Mark Weisbrot told RT. And though the IMF appears to foresee this, Weisbrot insists the fund’s rescue efforts for the EU are a recipe for a disaster, not for salvation.

Italy is experiencing tough times. The level of unemployment is rising and, with one out of five young people not having a job, the country risks to have its young specialists gone abroad to seek employment.