Italy and Spain need to reveal "skeletons" says Borg

The governments of Italy and Spain need to reveal all the “skeletons” in their economic closets to boost their market credibility and help European Union leaders to tackle the region’s fiscal crisis, Swedish Finance Minister Anders Borg said.

“We strongly support the fact that the euro group is trying to build a stronger economic framework that is obviously necessary when it comes to solving these problems,” Borg told reporters in ...