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Euro must not pit North against South, says Italian PM Mario Monti

From telegraph.co.uk

The euro must not become a "break-up factor" that pits northern Europe against crisis-choked nations in the south of the continent, Italian Prime Minister Mario Monti has said. "The biggest tragedy for Italy and for Europe would be to see the euro become, because of our failures, a break-up factor which awakens the prejudices of the north against the south, and vice-versa," Mr Monti told an audience of young people in Rimini on the Adriatic coast. "The risk exists," he said. The European Union and eurozone countries are split over how to solve the financial crisis convulsing various nations, especially in ... (full story)

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