Arab Today, arab today italy pays higher yields in bond auctions
Last Updated : GMT 03:28:05
Arab Today, arab today
Arab Today, arab today

Italy pays higher yields in bond auctions

Arab Today, arab today

Arab Today, arab today Italy pays higher yields in bond auctions

Milan - Arabstoday

Italy was forced to pay higher interest rates yesterday to entice investors to buy a little under €5 billion (Dh24.5 billion) worth of its 5- and 10-year bonds as jitters over Eur-ope\'s debt problems have resurfaced. Investors demanded yields of 5.84 per cent on the 10 year-bonds, compared with 5.24 per cent last month. On the 5-year bonds, Italy paid 4.86 per cent, up from 4.18 per cent. The Treasury raised €4.9 billion, with the demand for both bonds below last month\'s. Concerns over Europe\'s debt crisis have swelled over recent weeks as France goes to the polls, Spain struggles with its debts and Italy acknowledged that it won\'t balance its budget until 2015, instead of 2013 as pledged. Italian Premier Mario Monti, who took office in November as the head of a government of technocrats to confront the debt crisis, said on Thursday that budget cuts with structural reforms alone \"will never deliver growth.\" \"If there is not demand, the reforms are useless and there will be no growth,\" he said. In a joint statement with European Commission President Jose Manuel Barroso, Monti affirmed yesterday that growth must come from \"improving competitiveness and not through higher levels of debt\". Following a meeting in Brussels, the pair said austerity measures need to be paired with \"targeted investments to enhance competitiveness\" while helping to increase consumer demand. Pia Ahrenkilde Hansen, a spokeswoman for Barroso, said that investments should be targeted at areas like green technology, energy or the improvement of broadband networks, which could help growth.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy pays higher yields in bond auctions Arab Today, arab today italy pays higher yields in bond auctions

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy pays higher yields in bond auctions Arab Today, arab today italy pays higher yields in bond auctions

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday