Monti: No one can beat crisis alone

No European nation is strong enough to ride out the continent’s debt crisis alone, Italy’s new premier insisted, urging fellow European Union members to develop a common growth policy.

Mario Monti, an economist who was appointed leader of the eurozone’s third-largest economy in November with a mandate to pull Italy back from the brink of financial disaster, said: “Italy, in order to develop economically and socially, needs Europe, and Europe to be stronger needs Italy.”