Italy’s financial crisis deepened on Wednesday despite a pledge by Prime Minister Silvio Berlusconi to resign once Parliament passes austerity measures demanded by the European Union. The move failed to convince investors, propelling Italy’s borrowing costs through a key financial … Continue reading Crisis in Italy Deepens, as Bond Yields Hit Record Highs
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Crisis in Italy Deepens, as Bond Yields Hit Record Highs
Italy’s financial crisis deepened on Wednesday despite a pledge by Prime Minister Silvio Berlusconi to resign once Parliament passes austerity measures demanded by the European Union. The move failed to convince investors, propelling Italy’s borrowing costs through a key financial … Continue reading Crisis in Italy Deepens, as Bond Yields Hit Record Highs