Bloomberg News

Spanish Interest Rates Raise Concern, Italy’s Monti Says

March 24, 2012

Spain is raising concerns among its European neighbors with increasing interest rates, Italy’s Prime Minister Mario Monti said.

“Spain has done a very incisive labor reform, but hasn’t paid enough attention on its public accounts,” Monti said at a conference in Cernobbio, Italy, today. “It doesn’t take much to recreate risks of contagion.”

To contact the reporter on this story: Sonia Sirletti in Milan at ssirletti@bloomberg.net

To contact the editor responsible for this story: Mike Harrison at mharrison5@bloomberg.net


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