Italy’s Monti says no euro bonds without controls, FAZ reports

Angela will be so proud

;)

Franfurter Allgemeine Zeitung reports the official saying “We need a partial mutualization of debt, but also more central control of national budgets” adding “without proper control it would be irresponsible to burden others with a share of your own debt”

He went on, Italy “isn’t calling for a rescue and isn’t calling for euro bonds” and “is doing everything necessary for an increase in growth.”

Bloomberg.

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