Spain's Borrowing Costs Hit New High

Concerns about Spain's ability to overhaul an ailing banking system sent Spanish borrowing costs to a record high, prompting a new call from Prime Minister Mariano Rajoy for the EU to take action to calm market turmoil.

BING NEWS:
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    Spain’s borrowing costs soared to within a whisker of a new euro-era high ... European currencies outside the eurozone making significant gains. The UK pound hit its highest level against the euro in nearly four years while the Swedish krona rose to ...
    08/13/2017 - 2:28 am | View Link
  • Spain's borrowing costs hit new highs
    It is getting more difficult for Spain’s government to borrow money. The Spanish Treasury did manage to sell just under three billion euros worth of government bonds in its latest auction on Thursday but had to offer higher rates of interest to entice ...
    07/19/2012 - 5:09 am | View Link
  • Spain's borrowing costs hit 12-year high
    Spain's economy continued to ride the bailout rollercoaster on Tuesday as borrowing costs remained at unsustainably high levels and the government paid its highest rate in a dozen years to raise money. A €3bn (£2.4bn)bond issue proved, however, that ...
    06/19/2012 - 3:58 am | View Link
  • Spain's debt costs hit the danger level
    In spite of last weekend's euro zone agreement to lend Spain up to $125 billion to recapitalize the nation's sputtering banks, borrowing costs hit a whopping seven percent ... LOS ANGELES, CA (Catholic Online) - Speaking to parliament in Berlin, Merkel ...
    06/15/2012 - 5:12 am | View Link
  • Spain's borrowing hits record high
    There is no let up in the eurozone debt crisis as Spanish government borrowing costs hit another euro-area record. On Thursday lenders demanded an interest rate of 7% for 10 year bonds - a level which many believe is unsustainable. Meanwhile in Italy ...
    06/14/2012 - 1:30 am | View Link
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