i on europe

Icon

Brussels blog by some wire service journalists

Eurozone finance ministers fail to stem selloff

 

By GABRIELE STEINHAUSER and DAVID McHUGH

BRUSSELS (AP) — The euro is tumbling after a vague commitment from eurozone’s finance ministers to give the region’s bailout fund more powers has failed to stem concerns that Europe’s debt crisis will soon engulf Spain and Italy.

The yield, or interest rate, on 10-year Italian bonds shot up to 5.9 percent Tuesday morning, more than one percentage point higher than where it was just two weeks ago. The Spanish equivalent jumped to 6.28 percent, up from 6.1 percent at the open.

READ THE FULL STORY HERE.

Advertisements

Filed under: Story links

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Don Melvin

Slobodan Lekic

Raf Casert

  • RT @AP_Travel: A dare: Skip the Colosseum and Vatican on a trip to Rome? Some strategies to beat overtourism in a crazed world of selfie st… 3 weeks ago
  • RT @SamLitzinger: My grandfather, John L. Litzinger, was wounded in WWI. I remember as a child being fascinated by the long scar on his arm… 3 weeks ago
  • Belleau Wood and what it meant for the United States 100 years ago. Turning point for a nation. My story wapo.st/2ksCNHz?tid=ss… 4 weeks ago
  • FIFA and VAR have a lot riding at the World Cup . Will the system to end refereeing scandal, somehow add to it?… twitter.com/i/web/status/9… 1 month ago
  • RT @jackschickler: By my reckoning this is Day 3110 of the Greece crisis. On Day 1: - Britney Spears was at No. 1 - Ivanka Trump was just a… 1 month ago
%d bloggers like this: