Markets force Italy to pay two-year credit at 7.8pc interest rate
By Europa Press | The Italian Treasury on Friday placed €10 billion in two debt auctions, one due at six month and the other at twenty four months. Yet, it has been forced to provide record interests: 6.504% and 7.814%, respectively. Specifically, Italy’s Treasury sold €8 billion in bonds with six-month maturity for which they had to offer a record yield of 6.504%: 84% more than in the previous auction…