Prime Ministers of Spain and Italy Call on European Leaders for Help

The prime ministers of Italy and Spain appealed Wednesday to European leaders for help in bringing the euro crisis to a close, as borrowing costs in both countries rose, underscoring investors' perception that the measures enacted so far were inadequate to the task.

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Meanwhile, the Italian prime minister, Mario Monti, addressed the lower house of Parliament in Rome, underlining the need to shift strategies in battling the crisis. He said E.U. leaders, who are to meet in Brussels on June 28 and 29, needed to quickly take concrete steps for "a credible emphasis on growth." Such steps, he indicated, should include more public investment and the eventual issuing of euro bonds that would pool some of the euro zone countries' debt.