Monti warns of Italy protests

Ahead of his meeting with Merkel, Italian PM Monti has warned that his austerity measures may trigger protests without signs of progress.

In an interview with Die Welt, the official says “I am demanding heavy sacrifices from Italians” adding “I can only do this if concrete advantages become visible.”

He went on to warn, if not “a protest against Europe will develop in Italy, including against Germany which is seen as the ringleader of EU intolerance, and against the European Central Bank.”

Monti and Merkel set to give press conference in Berlin at 1.00 pm local time.

3 Comments

  1. Hi Gerry,

    Do you think that the sell orders (very heavy) anyone mentioned yesterday at level 1.2810-40 (EURUSD) are pretty suspicious? There are no signs till now of any activity to collect them….

  2. Hi Alf, not sure what you mean “pretty suspicious”

  3. Surely not there’s about as much chance of this,as the police shooting a minority man in Tottenham sparking a riot ;) , Morning oh great sage ( Gerry for anyone who didn’t guess) hope you are well Gerry, Chris2

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