Sunday, August 5, 2012

Italy's PM Warns Of Europe's Disintegration

Italian Prime Minister Mario Monti. RIA Novosti

Debt Crisis Threatens To Break Up Europe -- The Telegraph

Tensions within the eurozone over how to resolve the debt crisis are turning countries against each other and threatening to rip Europe apart, Italian Prime Minister Mario Monti has warned.

Resentment in Italy is growing against Germany, the European Union and even German chancellor Angela Merkel herself, he said, adding that “the pressures already bear the traits of a psychological break-up of Europe”.

Mr Monti told German news magazine Der Spiegel that he was “concerned” about the deepening divisions and said governments “must work hard to contain it”.

Read more ....

Update #1: Monti warns euro crisis threatens EU as a whole -- AP
Update #2: Italy's Monti warns Europe of 'psychological break-up' -- BBC

My Comment: I call this realization from the Italian PM as a "DUH!!!!" moment.

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