Italy's latest Economy Minister, Giovanni Tria says Italy will stay in the EUR
- "The position of the government is clear and unanimous. There is no question of leaving the euro.
- The government is determined to prevent in any way the market conditions that would lead to an exit materializing.
- It's not just that we do not want to leave, we will act in such a way that the conditions do not get anywhere near to a position where they might challenge our presence in the euro."
Reuters for more
There you go. The market stopped freaking out about Italy pretty quickly after the President refused to endorse some anti-euro chap as fin min. But, just an update on the current situation.