Monti Says Euro Area Sovereign Debt Crisis Is Almost Over
By Andy Sharp -
2012-03-28T02:33:34Z
Italian Prime Minister Mario Monti said the euro area crisis is “almost over” and that his nation has helped to stop a worsening of the situation.
Europe had initially been slow to respond, Monti said in a speech in Tokyo today.
Greece must step up efforts to tighten its budget and overhaul the nation’s economy to prevent a second bailout from collapsing, European officials said yesterday.
To contact the reporter on this story: Andy Sharp in Tokyo at asharp5@bloomberg.net
To contact the editor responsible for this story: Patrick Harrington at pharrington8@bloomberg.net
Enlarge image
Italian Prime Minister Mario Monti
Kamoshida Koichi/Bloomberg
Mario Monti, Italy's prime minister.
Mario Monti, Italy's prime minister. Photographer: Kamoshida Koichi/Bloomberg
More News:
- Europe ·
- Italy ·
- U.K. & Ireland ·
- Commodities
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.