There was slightly better news for Italy at a debt auction on Monday.
The BBC reports that 7 billion euros ($US9.3 billion) in 12 month bonds were sold at an interest rate of 5.92%, down from the 6.09% paid last month.
However, the BBC reports the yield on existing Italian 10-year bonds rose to 6.58% on Monday from a rate of 6.33% late on Friday.