Italy’s interest payments on debt subject to great uncertainty – Bank of Italy

Did he really say that? Crikey.

EUR/USD slips back down through 1.2100, presently 1.2095.

EDIT: Headline misleading. Bank of Italy Director Salvatore Rossi, speaking before Senate hearing, said Italy’s interest payments on debt were subject to great uncertainty and that a 1% rise or fall in interest rates on debt maturing from 2011 would cut or hike the 2012 deficit by 0.5 percentage points. Ahhh.