News Column

Italy: Merkel and Monti Have 'Excellent Relationship'

June 27, 2012

The relationship between Italian premier Mario Monti and German chancellor Angela Merkel "is excellent," according to Lorenzo Bini Smaghi, former of the board of the European Central Bank.

"She understand's Monti's language. One can't tell how much Monti is able to really understand her country," he said in an interview with the Il Messaggero newspaper.

Europe has been battling a massive debt crisis that threatens the future of the euro currency.

Monti, an unelected technocrat, is expected to try to convince Merkel to soften her insistence on austerity. Spending cuts have been accused of sapping potential economic growth.



Source: (c) 2012 Adnkronos International (Rome)


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