The auctions of the Italian Treasury will be regular even in the presence of a crisis due to the Greek situation.
This was stated by the Treasury's director for public debt, Maria Cannata, speaking with reporters on the sidelines of the Consob meeting.
“We go regular. We went to the auction in much more complicated situations, even in November 2011, let alone. It's certainly not a situation where you don't go to the auction,” he replied to a question about the risks for Italy in the face of a possible Greek default.
With regard to Standard & Poor's estimate of higher interest charges for Italy of approximately 11 billion in 2015-2016 in the event of the Greek crisis, the Treasury executive said that "there are no elements to understand it: it is a very aggressive estimate and it is not possible to understand how it was done, there are no elements to judge".
