Euro could collapse without ECB bond guarantee – Italy’s right-wing Northern League party

Euro could collapse without ECB bond guarantee – Italy’s right-wing Northern League party

Italy’s ruling Northern League party predicts the dismantling of the euro unless the European Central Bank (ECB) offers a guarantee to reduce yield spreads in the eurozone. “The situation can’t be resolved and it is going to explode,” the economics spokesman of Italy’s ruling Northern League party, Claudio Borghi, told Reuters.