Telegraph Live - Euro: Reports that Italian Bonds have passed the 7% mark, the article states the following, “ ..Anything above 7pc is widely considered to make borrowing costs unnaffordable. ”. Thus folks, we have Greece with its hand out for 130 billion Euros, now Italy with its new Government has seen bonds pass the 7% mark and bank Shares suspended. The festive upswing didn’t last folks, lets see when the 1st Emergency EU meeting is called, there needs a great grand plan folks, so far little from the EU leadership.
Thursday, January 05, 2012
Italian Bonds and the Eurozone Crisis
Telegraph Live - Euro: Reports that Italian Bonds have passed the 7% mark, the article states the following, “ ..Anything above 7pc is widely considered to make borrowing costs unnaffordable. ”. Thus folks, we have Greece with its hand out for 130 billion Euros, now Italy with its new Government has seen bonds pass the 7% mark and bank Shares suspended. The festive upswing didn’t last folks, lets see when the 1st Emergency EU meeting is called, there needs a great grand plan folks, so far little from the EU leadership.
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