France faces prospect of paying higher borrowing costs than Italy
Rome has significantly reduced its public deficit over the past three years, while Paris has allowed its own to spiral. In the eyes of investors, Italy is now as credible as France, despite a heavier debt burden. On the markets, the gap in interest rates between the two countries has nearly vanished.
Rome has significantly reduced its public deficit over the past three years, while Paris has allowed its own to spiral. In the eyes of investors, Italy is now as credible as France, despite a heavier debt burden. On the markets, the gap in interest rates between the two countries has nearly vanished.
Tomas Kauer - News Moderator
https://www.tomaskauer.com/
