Italy 10-y Bond Auction up to 4.83%; 5-y: 3.59%

Feb 27, 2013

EMU: Consumer Confidence improves slightly to -23.6 in February

Eurozone Consumer Confidence edged up to -23.6 in February, from -23.9 in January, the European Commission reported on Wednesday. This result is in line with market consensus.

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Feb 27, 2013

Forex Flash: Europe tastes the bitterness of austerity – Deutsche Bank

Mr. Monti was put in place as a democratic outcome was seen as unlikely to yield the policies designed to keep Italy within the Euro, however many believe his policies have helped cause one of the worst recessions in living memory in Italy and it's not a surprise to see the voter rebellion.

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