News Headline Summary

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

- Derivative use aimed at lengthening debt maturity.

Analysis details (10:52)

- 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.

26 Jun 2013 - 10:50 - Economic Commentary - Source: Newswires

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