Italian PM Letta slams EU handling of Greek crisis

Italian Prime Minister Enrico Letta gave his Greek counterpart a “vote of confidence” Monday while saying that the EU has made some “serious mistakes” in handling the Greek crisis.

Letta was on an official visit in Athens when he slammed European Union partners during a joint press conference with his Greek counterpart.

“There is no doubt that serious mistakes were made about Greece by Europe in the past few years,” said Letta.

“The timing was wrong. The instruments were wrong. The interventions were not made in the right way and at the right time and this worsened the crisis.

“The crisis would have been different. It would have created less of a financial disaster; it would have led to fewer job losses across Europe, if Europe’s attitude to Greece had been different at the beginning.”

The Italian PM also revealed there was strong Italian interest in Greece’s privatization program, although he didn’t reveal any more details.

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(Photo: Niccolò Caranti)