Saturday, November 26, 2011

"Awful" Italy debt sale heightens euro zone stress (Reuters)

A union workers flag CGIL is seen in front of a bank during a protest downtown Milan, November 25, 2011. REUTERS/Stefano RellandiniReuters - Italy paid a record 6.5 percent to borrow money over six months on Friday and its longer-term funding costs soared far above levels seen as sustainable for public finances, raising the pressure on Rome's new emergency government.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20111125/ts_nm/us_italy_bonds_auction

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