Italy's Monti sees 'light at the end of the tunnel' for euro
PARIS (AFP) - Italy's Prime Minister Mario Monti said on Tuesday he could see the "light at the end of the tunnel" for the euro zone, amid growing hopes Europe is readying decisive action to tackle the debt crisis.
With European leaders keen to keep momentum after a series of confidence-boosting statements, Mr Monti was due to meet on Tuesday with French President Francois Hollande in Paris at the start of a mini-tour of Europe.
New data meanwhile provided a stark reminder of the devastating effects of the crisis, with the European Union saying unemployment across the eurozone hit a record 11.2 per cent in June. We and the rest of Europe are getting closer to the end of the tunnel.
There's light at the end of the tunnel," Mr Monti said in an interview with Rai Radio ahead of his meeting with Mr Hollande.