Italy suffers from Spain's debt problems

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Italy suffers from Spain's debt problems

E
euronews (in English)

14 Views • May 30, 2012

Description

The Italian government has found itself paying a higher price to borrow because of the debt problems of Spain and the threat of Greece leaving the eurozone.

Rome had to pay over six percent interest at its latest auction of 10-year bonds.

A month ago Italy, which has the world's fourth-largest debts, only had to offer 5.8 percent.

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