Berlusconi Says Italy, ECB Should Print Euros, Ansa Says
Former Italian Premier Silvio Berlusconi called for the Italian mint and the European Central Bank to start printing euros to tackle the debt crisis, news agency Ansa reported, citing his remarks to allied lawmakers.
Berlusconi, who called his proposal a “crazy idea,” also told legislators in Rome today that it wouldn’t be the end of the world if Italy left the euro, Ansa reported. A Berlusconi spokesman couldn’t immediately confirm the remarks.
The former premier said Italy needed to pressure European alllies to get the ECB to print money to jumpstart the economy. Otherwise it will be “Ciao, ciao Europe,” he said.
To contact the reporter on this story: Andrew Davis in Rome at abdavis@bloomberg.net
To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net
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.