Europe's Debt Crisis - February 2012



Italy: Amid Eurozone Crisis, 'Going the Greece Way' Would Be Disastrous

Feb. 10, 2012

Languishing amid the eurozone crisis, all of Italy is hurting and under pressure from international creditors to bring down its massive national debt. Margaret Warner reports from Milan on an economy so big that a default could bring about the collapse of the entire euro system.

Italy's Premier Mario Monti: Time to Focus on Growth in Europe

Feb. 7, 2012

In an interview with Margaret Warner in Rome, Italy's Premier Mario Monti said now is the time to start focusing on "how collectively we can achieve more growth in Europe." Monti also said "old phantoms" of resentment between the North and South of Europe had reemerged in light of the euro zone crisis.