Now Reading:

Italian debt interest hits record high


Italian debt interest hits record high


Italy’s central bank paid 7.7 percent today on two billion euros of two year bonds; an historic record and more than twice as expensive as they were in October. The surge in borrowing costs is being downplayed by the Treasury. While it recognises it “sounds prohibitive” it says it will not have a “lasting effect” on Italy’s debt.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article