Is The Next European Country To Fall Italy…. As Debt Costs Approach The Red Zone
thestatedtruth.com | December 29, 2010
Italy’s borrowing costs have surged back to financial crisis levels and the country is now looking like a proper member of the eurozone’s fringe, according to Ambrose Evans-Pritchard. Â The yield on Italy’s 10-year bond is now at 4.86% and, combined with weakening monetary supply data, Italy now looks destined for a downturn similar to […]