By
Spainshocked markets last month when it said it had missed its 2011 budget deficit target and a few days later set itself a softer goal for 2012.
"It (Spain) certainly made decisive reform of the labour market but it did not pay the same attention to public finances," Monti said at a conference on the economy nearLakeComo.
"This is causing us a big concern because their yields are rising and it wouldn't take much to recreate the contagion that would also involve us," Monti said.