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Rajoy warns on Spain’s borrowing costs 
Auf Wiedersehen Athens? 
Eurozone set for slow recovery 
Spain hits unemployment high as rating downgraded… 
IMF sees ‘dark clouds’ over the recovery The first test of investor confidence since combined action by six central banks saw Spain selling nearly four billion euros of bonds.
But Spain had to offer the highest rate of return since 2005 to borrow for five years.
France too decided to sell 4.3 billion euros of debt but the cost of borrowing over ten years was 3.18 per cent – less than in early November.
Analysts said the central bank action helped produce ‘pretty good’ results.
More about: Debt crisis, Eurozone, French debt, Spanish debtCopyright © 2012 euronews
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