European Stability Mechanism boss Regling speaking a short while ago 9 Dec
- ESM not approached by Italian govt on banks
- Italy far from a countrywide problem
- European banks are stronger now than they were 8 years ago
- Europe must still strengthen its banking sector
Crisis , what crisis?
Meanwhile EURUSD still contained by large option expiries. EURGBP drifting lower sending GBPUSD higher to test 1.2600-10 offers.
ESM's Regling - No bailout plans for Italian banks