Squitieri says Italy not at risk of default

(ANSA) - L'Aquila, September 25 - Italy isn't at risk of a default as the state's accounts are safe, but resources are lacking, Italian Audit Court President Raffaele Squitieri said Friday.
    "The state's books aren't a disaster because we're up front about them...we're not like other countries...in which the accounts are of dubious accuracy," Squitieri said.
    He went on to blame Italy's financial problems on the international economic situation.
    He also praised the current government for trying to cut spending.