Sunday, March 25, 2012

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.

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