Merkel: Europe still has to climb economic mountain

Filed under: AM Roundup |

European efforts to deal with nations’ debts have made progress, but still have some way to go, says German Chancellor Angela Merkel.

Bloomberg News is reporting that Merkel praised Italy’s efforts to deal with its debts by enacting measures on its own. Italy has said it will not seek external help to deal with its large debt problem.

Read more at Bloomberg.