Search ForexCrunch

More comments crossing the wires from the European Central Bank (ECB) Chief Economist Peter Praet, as he now speaks on the Italian political climate.

Space to stimulate demand in Italy is difficult because of high debt.

We have to wait and see attitude on Italian Govt programme.

Separately, ECB policymaker Constancio was reported as saying that the Spike in Italy 10-y bond yields is cause for concern.