Lunedì, 15 Ottobre 2018

Monti says it's a 'myth' that spread doesn't matter


(see related stories on spread)
Rome, December 11 - Premier Mario Monti said
Tuesday that rises in Italy's bond spread should not spark
excessive anxiety, while stressing that they should not be
written off as unimportant either.
"The recent spread trends should be taken with a certain
degree of calm and coolness," Monti told Rai television.
"But we certainly should be very careful and sweep away
some myths, such as the one that says it is not relevant.
"Let's not treat the public as naive, because they are
Monti added that the spread has been talked about so much
during his emergency technocrat government that his grandchild
had been nicknamed "spread" at nursery school.
"Evidently, grandparents' defects have effects on their
grandchildren," he said.

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