News Headline Summary

Italian Treasury says no danger to state finances following reports of derivatives losses

- Derivative use aimed at lengthening debt maturity.

Update details:

- The FT reported that Italy risks potential losses of billions on derivatives contracts it restructured at the height of the Euro zone crisis, according to a confidential report by the Treasury.

Print 09:51, 26 Jun 2013 - Economic commentary - Source: Newswires