Lunedì, 22 Ottobre 2018
BERLIN

Monti says that elevated spread 'damages all'

English
© ANSA

(ANSA) - Berlin, August 29 - Italian Premier Mario Monti
warned on Wednesday that a rise in the spread between 10-year
Italian bonds and the German benchmark bund was "damaging for
everyone".
Monti said in an interview with the Italian economic daily
Il Sole 24 Ore that Germany needs to watch out for inflation
levels.
The premier will meet with German Chancellor Angela Merkel
in Berlin on Wednesday to discuss the economic situation in the
eurozone, reforms in Europe, the crisis in Greece and the
so-called spread shield that would allow EU rescue funds to
be used to support the bonds of countries facing soaring
borrowing costs.

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