Tue, 17 Jul 2012 10:43:12 GMT
Spain's borrowing costs migh fall on Tuesday, July 17
Last week Mariano Rajoy, Spain's Prime
Minister, introduced new austerity measures to deal with country's
budget deficit. Analysts predict that in consequence of this Spanish
borrowing costs might decline on Tuesday, July 17. On Monday, July
16, one-year bill decreased from 5.074% to 3.5%, though 18-month
bill's interest rate fell from 5.107% to 4%. Moreover ,experts fear
that tightening fiscal policy could bring Spain into