While I absolutely hate the way the owners are treating the players here (I was, after all, a member and minor official of the United Electrical Workers), the players are in a weak position. It is rumored that a sizable majority of them would vote yes on the current offer if union officials would allow a vote.
2. Italian bond yields hit 7.6% yesterday. People, Silvio's resignation is not going to make reform any easier or growth any faster. Probably all it will do is make Italy more compliant to the misguided policies of the German and French run EU "braintrust".
Phone call for Spain! Get ready for your closeup.