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Berlusconi Says Debt Crisis Is Threatening All of Europe, Not Just Italy

Italian Prime Minister Silvio Berlusconi said that the plunge in the country’s stocks and bonds in recent days is a threat for the unity of Europe and its single currency.

“The crisis in confidence that has battered financial markets and hit Italy in recent days is a threat for everyone and that effects the single currency, the most concrete element of European unity,” he said in an e-mailed statement.

He said that his government and the opposition parties were determined to defend that country and that he had support from EU allies.

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net

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