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.
No comments:
Post a Comment