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Apple to shrink connector for iPhone 5 3:42am EDT NCAA bans Penn State from bowl games for 4 years, $60 million fine 9:23am EDT Shots fired from Egypt at Israeli troops, none hurt 22 Jul 2012 Syria says could use chemical arms against foreign intervention | 11:07am EDT 'Dark Knight' sales below forecasts after shooting 22 Jul 2012 Discussed 223 Mexico urges U.S. to review gun laws after Colorado shooting 140 Fourteen killed in Denver movie theater shooting 117 Syrian battles rage in capital, Russia pressed Watched Brain research confirms dangers of boxing Sun, Jul 22 2012 Latest solar flare dazzling but not dangerous Fri, Jul 20 2012 Brian Lam on rewarding depth over volume Mon, Jul 16 2012 Interactive Euro zone bank stress test calculator Use the Reuters Breakingviews stress test calculator to calculate how the Target core Tier 1 capital ratio and sovereign haircut levels affect the amount of capital banks need to pass the stress test. Full Coverage Not time yet for new euro crisis measures: Monti Tweet Share this Email Print Related News Russia won't dump euros: Putin 10:53am EDT Related Topics World » Euro Zone » 1 of 2. Russia's President Vladimir Putin (R) shakes hands with Italy's Prime Minister Mario Monti at the Bocharov Ruchei state residence in Sochi July 23, 2012. Credit: Reuters/Alexsey Druginyn/RIA Novosti/Pool SOCHI, Russia | Mon Jul 23, 2012 10:53am EDT SOCHI, Russia (Reuters) - Italian Prime Minister Mario Monti said on Monday that it was too early to call an all-European summit on the crisis in the euro zone, and played down the need for an urgent injection of funds by the European Central Bank. Speaking after talks in Sochi with Russian President Vladimir Putin, Monti said "it's not yet time" for another regional crisis summit and said any decision to call one would be the prerogative of EU Council President Herman Van Rompuy. The technocrat premier told a news briefing that it would be helpful if the European Central Bank allocated fresh funds to the euro-zone economy, but added that such a capital injection was not yet needed. Monti also said Putin had reassured him that Russia had no intention to reduce the share of euros in its reserves. Russia's central bank, the world's fourth-largest reserve holder, keeps just over 40 percent of its forex reserves in euro-denominated assets, typically government bonds. Its total gold and foreign exchange reserves exceed $500 billion. (Reporting by Alexei Anishchuk; Writing by Douglas Busvine; Editing by Megan Davies) World Euro Zone Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) bobber1956 wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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