Friday, November 25, 2011

Itay - bond yields hit record highs

Published on Nov 25, 2011 by
http://www.euronews.net/ Two European Commissioners went to Rome today to get their heads together with new Prime Minister Mario Monti.


First came Economic and Monetary Affairs Commissioner Olli Rehn. He urged faster budget cutting and the adoption of "bold measures to relaunch growth" to Italy's Parliamentary Budget and European committees.


He said the country's challenges came from "well-known and long-standing structural weaknesses", and promised his expert's monitoring of Italian austerity would make their first report on November

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