Professor Monti, the Italian media bordered on the semi-final of the European Football Championships and after the European summit in Brussels, the results in a concise formula: Mario against Angela two to zero. Share this judgment?
At least the one-to-zero referring to another Mario Balotelli's last name. Sure to love the media simple images from the sports competition. But what Brussels is concerned, I would be the whole thing, if any sum, rather this way: Angela plus Mario is equal to a step forward for European economic policy. In the past few months now, the German and Italian governments are working with the various peaks in mind that the European Union sets out on a path of growth, at the same time includes the observance of financial discipline with.
From the summit in Brussels, however, reported Italian pressures that you wanted a mechanism to reduce the risk premium on government securities. Inventory risk so that the summit broke up without any tangible results?
What the outside it seemed like the use of a veto and change has led to discussion, is actually not a revolution, but rather a classic method of negotiation. If we want to decide a complex set of measures, such as the recent summit, there is no final agreement, as long as no agreement was reached on all points. That at the last summit something had to be done for the growth and financial stability, there was beautiful summarized in the foreword to the draft summit decision: The crisis surrounding the sovereign debt and the weakness of the financial sector to slow the economic recovery and create risks to the stability of the Monetary Union - this creates unemployment and reduce Europe's chances of participation in the international economic recovery.