Bloomberg News

Soros Says Italian Government Is Doing ‘Really Quite Well’

January 26, 2012

Jan. 25 (Bloomberg) -- Billionaire investor George Soros said Italy is “doing really quite well” in implementing fiscal reforms.

“There is a big difference between Greece and Italy,” Soros told reporters in Davos, Switzerland today. “In Greece, politicians are in the government, they are preparing for election. In Italy, you have a technocratic government.”

“There need to be some benefits for Italy and that would strengthen” the government of Prime Minister Mario Monti, he said. “As Mario Monti has stated there needs to be some reward.”

To contact the reporter on this story: Jana Randow in Davos, Switzerland at jrandow@bloomberg.net

To contact the editor responsible for this story: Simon Kennedy at skennedy4@bloomberg.net


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