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Monti: the euro-crisis has the 'characteristics of a psychological meltdown' (Photo: consilium.eu.org)

Monti: Europe shows signs of 'psychological meltdown'

Italian Prime Minister Mario Monti sees the "signs of a psychological meltdown" in Europe, which built up during the crisis and risks destroying the European project, unless governments act quickly. Even at the expense of parliamentary democracy.

Speaking to German magazine Der Spiegel in an interview published on Monday (6 August), Monti said "problems need to be solved quickly," if a total breakup is to be avoided.

"The tensions accompanying the eurozone in the last years alread...

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Monti: the euro-crisis has the 'characteristics of a psychological meltdown' (Photo: consilium.eu.org)

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