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Business is slow in Rome

A waiter stands among empty tables in a restaurant in central Rome, Tuesday. Both Italy and Spain are struggling to convince markets they can pay their debts despite shrinking economies. Prime ministers Mariano Rajoy in Madrid and Mario Monti in Rome are trying to cut deficits and push through reforms to their countries rules on hiring and firing people to make them more business friendly.

A waiter stands among empty tables in a restaurant in central Rome, Tuesday. Both Italy and Spain are struggling to convince markets they can pay their debts despite shrinking economies. Prime ministers Mariano Rajoy in Madrid and Mario Monti in Rome are trying to cut deficits and push through reforms to their countries rules on hiring and firing people to make them more business friendly.