Amid concerns that Italy may also need a bailout from the European Union and IMF, Italian Prime Minister Mario Monti told CNBC Friday that Italy is in a stronger financial position than Greece. "The distinction between Greece and Italy from the point of view of markets is massively different" than a few years ago, he said. "You go into high-thrill fiction when you consider something I don't want to repeat concerning Italy and the euro." Monti said an austerity deal for Greece is important for the European Union, for Greece and for the overall stabilization of the market. He has "no clear expectation yet" that a ... (full story)