ITALY'S PM: SPAIN COULD REIGNITE EURO-CRISIS

Italy’s [UNELECTED] Prime Minister Mario Monti warned that Spain could reignite the European debt crisis as euro-area ministers this week prepare a deal to strengthen the region’s financial firewall. 

Monti pointed to Spain’s struggle to control its finances ahead of a finance ministers meeting in Copenhagen starting on March 30, where officials will seek agreement to raise a 500 billion-euro ($664 billion) ceiling on bailout funding. 

“It doesn’t take much to recreate risks of contagion,” Monti said during the weekend at a conference in Cernobbio, Italy.     

REPEAT: "It doesn’t take much to recreate risks of contagion"

PREDICTION: THE CRISIS WILL BEGIN SPIRALING AGAIN IN JUNE.