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Friday, June 22, 2012

Mario Monti: ''we have a week to save the eurozone''

From The Guardian

''Italy's prime minister, Mario Monti, has warned of the apocalyptic consequences of failure at next week's summit of EU leaders, outlining a potential death spiral that could threaten the political and economic future of Europe.

The Italian leader is to hold talks with Chancellor Angela Merkel of Germany, the French president, Fran├žois Hollande, and Spain's prime minister, Mariano Rajoy, in the hope that the single currency's big four countries can pave the way for a breakthrough at next week's meeting.''

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