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Mario Monti
I’m glad to see that the Italian Prime Minister Mario Monti is ratcheting up pressure on the German’s to be more flexible in aiding peripheral Europe.  I really don’t think the Germans have any choice if there wish is to save the European Union.  With the current disruptions in Spain due to the restructuring of...
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In an extremely positive development Italian Prime Minister Mario Monti said a majority of EU leaders support euro-bonds.  This is what absolutely has to happen to recapitalize the banks, fund sovereign debt, and get past this crisis period.  Germany and the other AAA’s will see a much larger long term benefit by keeping the EU...
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