Monday, 28 November 2011

Italy's borrowing rates skyrocket for 2nd day (AP)

A man checks stock indexes on a screen of a bank in Milan, Italy, Monday, Nov. 28, 2011. For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the eurozone's third largest economy to come up with reforms urgently. (AP Photo/Luca Bruno)AP - Italy's borrowing rates skyrocketed at a bond auction Monday for the second straight business day, as pressure mounted on the eurozone's third-largest economy to come up with quick reforms to keep the euro from breaking up.


Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http://news.yahoo.com/s/ap/20111128/ap_on_bi_ge/eu_italy_financial_crisis

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