Euro Weakens, Italy Credit Risk Rises to Record as Stocks Slide
Euro Weakens, Italy Credit Risk Rises to Record as Stocks Slide
The euro weakened and the cost of insuring debt from Italy and Portugal climbed to records on growing concern the region’s crisis is spreading. European stocks tumbled the most since March while Treasuries rose.
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European woes weigh heavy on blue-chips
As the market battled with persistent fears that the European debt crisis could extend beyond Greece, Portugal and Ireland, analysts were calculating which banks have the greatest exposure to Italy.
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Biz Briefing: All Eyes On Economic Indicators
A slew of UK economic data, which gives the latest indicators of the state of the economy, has shown that there was a slight improvement in the last month.:: The Latest Inflation figures reveal that the …
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