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Thursday 30 December 2010

Italy sells 8 bln euros in bonds but rates jump

30 December 2010 - 12H05

A dog stands next to piles of uncollected garbage in Pozzuoli, 10 Km from Naples on Wednesday. Italy has raised more than eight billion euros in its final bond auction of 2010, but was forced to pay investors sharply higher interest rates amid eurozone debt crisis fears.
A dog stands next to piles of uncollected garbage in Pozzuoli, 10 Km from Naples on Wednesday. Italy has raised more than eight billion euros in its final bond auction of 2010, but was forced to pay investors sharply higher interest rates amid eurozone debt crisis fears.

AFP - Italy raised more than eight billion euros (10.6 billion dollars) on Thursday in its final bond auction of 2010, but was forced to pay investors sharply higher interest rates amid eurozone debt crisis fears.

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