'Stagflation' Is the Greatest Threat to Europe's Recovery, Warns Ex-Italian PM Monti - NewsBreak
By Merima in Business
Updated 3 years ago
Monti said the "huge mass" of accommodative monetary policy by central banks and fiscal stimulus from governments "may well fire more inflation." At the same time, Monti said there were "a number of constraints on the flexibility of production" to increase. Former Italian Prime Minister Mario Monti told CNBC Saturday...