Investors see brighter future for Italy

A two day sale of Italian debt started on Wednesday and showed the country paid sharply lower rates to borrow money.

The Italian Treasury sold up to 11.5bn euros of short term debt.

On Thursday another 8.5bn euros of debt will be on offer - to be paid back in 10 years.

Nicola Marinello from Glendevon King Asset Management says "waters are much calmer now for Italy"