2/11/12

The wrong issue, Mr. Monti

(Reuters) - Italian Prime Minister Mario Monti said Rome will not need bailout funds to overcome its debt crisis, but he reiterated that Europe should build large financial firewalls to "impress the market and take the perception of risk away."

Europe does not need firewalls. Governments have to learn to be more open and responsible to their citizens and not guide them to financial collapse.

No comments: