Now, of course, after the recent financial crisis, markets woke up quite brutally and did exercise a lot of pressure for each of us to engage in a serious budgetary consolidation.

Now the role of the markets is there, but I don't think we have to rely basically and mainly on high interest rates for governments to continue the path of sound budgetary and reform policies.

On the other hand, one could also make the case that those countries and those populations like, since a few months, the Italians who definitely are embarking on all the necessary measures of budgetary consolidation and structure reforms, may be disenchanted and not ready to continue on this path unless they do see some recognition of their efforts through, in particular, a decline of interest rates.

Now in fact of course, I hope that there is not a default for Greece, but I'm really confident that even in that case Italy is seen by the markets and by the E.U. institutions and by the global community as a country which, since a few months, has really taken some tough structural measures, both as regards the budgetary consolidation and as regards structural reforms for growth.