Their advantages are their internal party discipline and confidence in their electoral popularity.

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It is possible that the mere existence of the ECB safety net is enough to maintain investor confidence, but Spain has some internal challenges: Madrid has little control over its (more fiscally irresponsible) semi-autonomous regions, its banks are in major trouble and its labor market needs urgent reform.

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R. headache to deal with but also a serious loss of trust in the marketplace (BP shares have tumbled to almost half their value since April 21), an internal battle to restore employee confidence and all the fallout of the spill for those along the Gulf of Mexico.

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There have been some positive developments over the last week: a new potential government in Italy, a new government in Greece -- both committed to applying the sort internal structural reform that can give markets more confidence.

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What the trial has not revealed so far is the real motive behind Mr Gabriele's apparent betrayal of the Pope's confidence, nor whether any Vatican senior clerics were involved in the most serious internal security breach suffered by the Holy See in living memory.

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Iran's internal crisis also paralysed decision-making in Tehran and so killed a confidence-building deal that might have created more time for nuclear diplomacy.

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The Internal Revenue Service, working with the Department of Justice, continues to have confidence in the scope of its authority to administer this program.

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Mr Trimble's most dangerous internal opponent is his own deputy, John Taylor, the man whose vote of no confidence destroyed a previous power-sharing agreement and unseated a previous Ulster Unionist leader, Brian Faulkner, in 1974.

ECONOMIST: Trimble��s gamble