Crosetto: “There is a risk of sovereign debt contagion; everything could fall apart.” The spread rises. Meloni presses the EU - Il Foglio
Crosetto: “There is a risk of sovereign debt contagion; everything could fall apart.” The spread rises. Meloni presses the EU - Il Foglio
Source: Il Foglio
―
DW NOTE
Italy's defense minister says sovereign debt contagion could collapse everything. He's half right — the contagion is the collapse. When a G7 country's defence chief warns publicly that the bond market might disintegrate, he's not raising a concern, he's confirming that Rome can already see the limit of who will buy at what price.