There are strong signs that confidence in the eurozone is waning despite the willingness of investors to lend to Europe's more heavily-indebted governments over the last three months. Wednesday saw Spain once again struggling to borrow money on financial markets after an auction of five-year bonds barely found enough buyers. Now Italy, Portugal, Greece and France are all being forced to pay higher interest rates on the money they have borrowed. Meanwhile, with less than three weeks before the French presidential election, Nicolas Sarkozy is set to unveil his economic manifesto.
0 comments:
Post a Comment