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Italy's borrowing costs fall below one per cent

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Italy's borrowing costs fall below one per cent

E
euronews (in English)

7 Views • Nov 28, 2012

Description

Italy's borrowing costs for six-month debt fell to the lowest average level since April 2010.

Exactly one year ago Italy was borrowing at a massive 6.5 per cent the latest figures are below one per cent.

A deal on the next slice of Greek aid has given investors a shot of confidence that saw yields fall to levels before Italy was battered by the financial crisis.

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http://www.euronews.net/