Spain could reignite euro crisis warns Italy's Monti

Italy’s Prime Minister Mario Monti warned that Spain could reignite the European debt crisis as euro zone ministers this week prepare a deal to strengthen the region’s financial firewall.

26th March, 2012
Spain could reignite euro crisis warns Italy's Monti
Italian prime minister Mario Monti pointed to Spain’s struggle to control its finances.

Italy’s Prime Minister Mario Monti warned that Spain could reignite the European debt crisis as euro zone ministers this week prepare a deal to strengthen the region’s financial firewall.

Monti pointed to Spain’s struggle to control its finances ahead of a finance ministers meeting in Copenhagen starting on Friday, where officials will seek agreement to raise a €500 billion ceiling on bailout funding.

“It doesn’t take much to recreate...

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