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A "high priest" of the EU Project, the sooner Mario Monti goes, writes Ambrose Evans-Prichard,...

Dec. 11, 2012 10:10 AM ETEWIBy: Stephen Alpher, SA News Editor
A "high priest" of the EU Project, the sooner Mario Monti goes, writes Ambrose Evans-Prichard, the sooner Italy can halt its chronic economic depression. Italy is wealthier per capita than Germany, has a primary surplus, and Berlusconi's reform of the pension system has the country at the top of the IMF's "debt sustainability" rankings. BofA "game theoried" an EMU breakup and believes Italy has more to gain than any other state.

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