Italian Prime Minister Matteo Renzi: Here's Why We Are Not In The Line Of Fire

Italy's Renzi: We Didn't Reform Pensions In Italy So Greece Wouldn't Have To
BERLIN, GERMANY - JULY 01: Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel (not pictured) speak to the media following talks at the Chancellery on July 1, 2015 in Berlin, Germany. The two leaders discussed the Greek debt crisis and Europe's refugee situation, among other issues. (Photo by Sean Gallup/Getty Images)
BERLIN, GERMANY - JULY 01: Italian Prime Minister Matteo Renzi and German Chancellor Angela Merkel (not pictured) speak to the media following talks at the Chancellery on July 1, 2015 in Berlin, Germany. The two leaders discussed the Greek debt crisis and Europe's refugee situation, among other issues. (Photo by Sean Gallup/Getty Images)

NAPOLETANO: Prime Minister Renzi, in the case of a Greek default the markets will seek shelter from sovereign risk. At the forefront are Portugal, Spain and, unfortunately, Italy. Do you have any ideas on how to make our country safe, far from the line of fire?

RENZI: Italy is already out of the line of fire. We courageously embarked on a path of structural reforms, the economy is returning to growth and the European Central Bank’s shield protects us: these three characteristics differentiate the current crisis from the one that struck four years ago.

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