Bloomberg News

Monti Sees Banking, Fiscal Crisis in Some Euro-Region Countries

February 09, 2012

Feb. 9 (Bloomberg) -- Italian Prime Minister Mario Monti said there is still the risk of a fiscal and banking crisis in some euro-region countries.

Monti made the remarks in a speech at the Peterson Institute in Washington.

Monti also said that cutting deficits is not sufficient to fix the economic problems in the euro region.

To contact the reporter on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

To contact the editor responsible for this story: Andrew Davis at abdavis@bloomberg.net


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