Watching the Vega's maiden launch from the Guiana Space Center in February had been exhilarating, said Caio.

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Despite the gloom surrounding his country's economic fortunes, Caio said there were "two stories" for Italian business at present.

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Avio was now looking to Brazil and China for growth, said Caio.

CNN: Avio head: Europe risks becoming a 'half-baked cake'

Caio Koch-Weser attracted controversy, as many felt he was not a strong enough candidate for the job, one traditionally held by a European.

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Frankfurt were held 1-1 at home by Nuremburg, with Swiss striker Albert Bunjaku leveling for the visitors in the 65th minute after Caio's 17th-minute opener.

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DOUBTLESS, Caio Koch-Weser is a jolly decent fellow.

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