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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.