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| | | ... 1997, Reuters has reported. Funding costs have risen for Italian banks thanks to the rising yields, driven up by fears that Italy will be the next victim in the spreading sovereign debt crisis. Italy reportedly has a 1.9 billion euro public debt coupled ... |
| | | | ... 6,953.98 points and in Paris the CAC 40 dropped 2.27 per cent to 3,588.05 points. Milan lost 3.87 per cent, with some of Italy's banks losing up to nine per cent while Madrid shed 3.24 per cent and other European markets slumped. HONG KONG - Asian stock ... |
| | | | ... Standard & Poor's to further downgrade Greece's credit rating weighed on sentiment, especially on the foreign exchange market. Italy came under fire amid signs of government infighting and fears the eurozone's third biggest economy could join Greece ... |
| | | | ... amid lingering concern over the growing US debt situation, dealers said. Eurozone debt contagion fears stayed alive with Italy and Spain paying high rates for borrowing in sovereign bond auctions despite the second rescue of Greece last week. In London ... |
| | | | ... 3,754.60. Madrid and Milan each jumped more than three per cent, albeit after very sharp recent losses, as investors bet that Italy and Spain will beat the eurozone debt crisis trap which has already dragged down Greece, Ireland and Portugal. Banks led ... |
| | | | ... compromise deal will be reached -- on the 11th hour. Remember the D-E-B-T debates in Greece, Ireland, Portugal and recently, Italy. The same thought process went into it. Politicians debated, argued, accused and bickered. They yak and they yak and they ... |
| | | | ... show some light at the end of the debt tunnel. Dealers said that with growing fears the eurozone debt crisis could snag Italy and Spain after Greece, Ireland and Portugal, sentiment took another knock as the ratings agencies put the United States in ... |
| | | | ... already. And that's just for Greece. What about the other Greece's of Europe? Ireland, Portugal, Belgium, Spain and recently, Italy? Also, does anyone really believe that the banks need a top up of just a,-2.5 billion combined - yes, that's for all eight ... |
| | | | ... points, or 1.22 per cent, to 2,762.67. It was the fourth day of losses on the stock market out of the last five. Worries that Italy could be the next European country to get caught up in the region's debt problems have kept investors on edge this week. ... |
| | | | ... with Jell-O." Signs of healthy growth in China also helped push stocks higher. Markets also rose because fears abated that Italy would default on its debt. LONDON - Hopes that the US Federal Reserve could provide new economic stimulus gave stocks a much-needed ... |
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