Τρίτη 12 Ιουνίου 2012

Italy, Spain, Cyprus: three problems of European crisis

The economical problems for these three countries continue.

Spain - Italy: The bonds erased their morning profits and spreads rose again.
Spain:  The premium required by investors to hold the ten-year Spanish bonds rose by more than 20 basis points.
Italy: A rise was recorded by the Italian spread, too.
Bloomberg for Italy: "The third highest debt for a developed country after Greece and Japan."
EU official on Dow Jones Newswires for Cyprus: "the eurozone is vigilant about the Cypriot banks and everything is ready for an immediate help". 

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