Spain's economy under new pressure

Source: BBC

Investors' are getting more worried about Eurozone's future, as Spain's borrowing costs rose, and Catalonia region said it will need a new financial aid. Spain is to pay 3.7 per cent to place six month debt, higher than several months earlier. The yield on government's 10-year bond rocketed to almost 7.6 per cent, the highest among Eurozone's countries.  Moody's added fuel into the fire, warning that Spain is expected to claim for a full bailout.

 

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