Italian finance minister Padoan speaking to Radio Anch'10 17 Oct

  • Italian budget includes measures for employment growth
  • NPL issue resolving is accelerating positively
  • tax reform this year impossible due to lack of funds
  • have completed fiscal reform with tax improvements
  • budget law sees economic growth reached in many ways

Earlier today I posted Moody's latest note on Italy here.

Meanwhile EURUSD down posting new session lows at 1.1756 with EURGBP back down to 0.8872 after yesterday's option-led rally through 0.8900