A new Italian government spells a heap of trouble for Europe. We ask how we got to this point and what it means the future of the Euro. What really spooked the markets? Who blinked first? And why does Italian politics have such a soft spot for university professors? Plus we talk about the new government in Spain and we weigh up the state of democracy across the continent. Is this how democracy is meant to work or is this really how democracy ends? With Helen Thompson, Chris Bickerton and Lucia Rubinelli from the LSE.