Does "fresh pancetta" mean something different in Italy?

I was more thinking from a flavour perspective, would the finished product not be super salty if I was using, say, the diced pancetta which you get in UK supermarkets? Hence why I was wondering if they're talking about a different product to what I think.
 
Hi again, folks. Huge thanks for all the useful replies. In addition to you wonderful lot, I am assured by an Italian that the recipe is calling for straight up pork belly. As I'm already using pork mince I probably don't need that as well, so I'm going to put a small amount of the diced/cured pancetta to add some salt to my taste and call it a day.
 
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