Bloomberg News

Berlusconi Says Italy, ECB Should Print Euros, Ansa Says

June 01, 2012

Former Italian Premier Silvio Berlusconi called for the Italian mint and the European Central Bank to start printing euros to tackle the debt crisis, news agency Ansa reported, citing his remarks to allied lawmakers.

Berlusconi, who called his proposal a “crazy idea,” also told legislators in Rome today that it wouldn’t be the end of the world if Italy left the euro, Ansa reported. A Berlusconi spokesman couldn’t immediately confirm the remarks.

The former premier said Italy needed to pressure European alllies to get the ECB to print money to jumpstart the economy. Otherwise it will be “Ciao, ciao Europe,” he said.

To contact the reporter on this story: Andrew Davis in Rome at abdavis@bloomberg.net

To contact the editor responsible for this story: Tim Quinson at tquinson@bloomberg.net


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