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Mmastodon WorldEU Politics first seen 21 h ago, last 19 h ago, peak #10

Bond turmoil hits Italy as IMF warns of hard choices

Original: Repubblica.it: Nuova tempesta sui titoli di Stato. L’Fmi: per i governi scelte difficili Effetto negativo anche sulle Bo

A fresh storm is sweeping through European sovereign bond markets, with the IMF warning that governments face difficult decisions ahead. Stock markets are also feeling the pressure, and Milan has been the worst performer in Europe, with the FTSE Mib index falling below 50,000 points. Commentators are pointing to rising borrowing costs and the squeeze on public finances as the main worries.

Why now: Investors are reacting to renewed pressure on eurozone debt markets and the IMF's warnings about fiscal policy.

IMFFTSE MibBorsa ItalianaItaly

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