On CNBC now, the Dij on EUR and Italy … not happy reading
- "If the Italian crisis would turn into a crisis it will implode in Italy. Because of the Italian banks and the way the economy is organized, it will be an implosion not an explosion,"
- predicted that a confrontation was incoming
- "Looking at what (Italian officials) have put on the table, the Commission really has no option than to send it back, which - by the way - is not the end of the process, but the start of the process"
not seeing this on the Bloomberg or Reuters wires yet
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Jeroen Dijsselbloem is the previous head of the group of 19 euro zone finance ministers