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Monti Says Germany Can Be Persuaded on Euro Bonds

A majority of European Union leaders at a Brussels summit this week backed joint euro-area bonds, and Italy can help persuade Germany to support Europe’s “common good” as well, Italian Prime Minister Mario Monti said.

“Europe can have euro bonds soon,” Monti said in an interview on Italian television station La7 yesterday. Germany has an interest in ensuring no country leaves the euro, while Greece will probably remain in the 17-nation currency region even as “anything can happen,” he said in the interview.