Italy’s Letta Says Europe Economy Fragile as Confidence Improves

Italian Prime Minister Enrico Letta said confidence in Europe is improving and the economy is still fragile.

“I do not assume that the crisis is behind us and we can turn our attention away from economic matters,” he said in a speech late today in Brussels. He also said the European Union needs to find ways to ensure the euro is more resilient to shocks, possibly through more risk-sharing.

To contact the reporter on this story: Rebecca Christie in Brussels at rchristie4@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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