Merkel, Monti: will do all to protect eurozone
The German government says Chancellor Angela Merkel and Italian Premier Mario Monti have agreed they will do everything to protect the eurozone, and Monti will visit Berlin next month.
Government spokesman Georg Streiter said Merkel spoke by phone with Monti Saturday.
That conversation came after Merkel spoke with French President Francois Hollande Friday. The German and French leaders issued a joint statement saying they were determined to do everything to protect the eurozone.
Neither statement mentioned any specific action. Italy and Spain, the eurozone's third- and fourth-biggest economies, are struggling with high borrowing costs.
Streiter says Merkel invited Monti to visit Berlin in the second half of August and he accepted the invitation.
AP
More News
- Rome Protest Turns Up Heat On New PM Letta
- North Korea Fires Three Short-Range Missiles
- GOP hopes IRS scandal will snag health care law
- Japan Economy on the Road to Recovery
- Assad: Syria transition talks are internal matter
- Suspected US drone in Yemen kills 4 militants
- WHO: Death Toll From New Bird Flu In China Rises To 36
- Former Argentine Dictator Videla Dies In Prison At Age 87
- IMF says Cyprus at risk of even deeper recession
- UN says Syrian refugees top 1.5M
