Italian Minister for the Economy and Finance Giulio Tremonti, right, speaks with Chairman of JPMorgan Chase International Jacob Frenkel, during the annual Ambrosetti economic forum in Cernobbio, Como ... more 
Italian Minister for the Economy and Finance Giulio Tremonti, right, speaks with Chairman of JPMorgan Chase International Jacob Frenkel, during the annual Ambrosetti economic forum in Cernobbio, Como Lake, Italy, Saturday, Sept. 3, 2011. Italy's government, waffling for weeks on an emergency austerity plan, received a stern warning Saturday from the European central bank chief to promptly implement the deficit-fighting measures and stay on target. Premier Silvio Berlusconi is caught between trying to placate allies and satisfying both nervous markets and worried European Union officials. (AP Photo/Luca Bruno) less 
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Associated Press | Photo By Luca Bruno
Sat, Sep 3, 2011 10:47 AM EDT