Parliamentary Vice President quoted on Reuters. Had been widely expected.

EUR/USD touch firmer at 1.3940.

European stocks firmer, DAX up 1.2%, CAC 40 up 1.3%.

UPDATE: Stops gone through 1.3960, spike to 1.3974, presently at 1.3967.

Next on the agenda, defence of touted 1.4000 barrier option interest.