Monti Says Germany Has Interest to Avert Any Nation’s Euro Exit
By Jeffrey Donovan -
2012-05-24T19:34:26Z
Italian Prime Minister Mario Monti said Germany has an interest in ensuring that no country leaves the euro.
Monti said that, in a hypothetical case, Germany would be harmed should Italy “one day leave the euro.” A weak “new lira” would put German exports at a disadvantage, though an exit from the currency region would also harm Italy, Monti said in an interview today on Italian television La7.
While “anything can happen in Greece,” the nation is likely to remain in the 17-nation currency, Monti said.
To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net
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