Spain's borrowing costs may increase on Greek turmoil

Note: This section contains information in English only.
Source: BBC
The borrowing costs of Spain may rise during bond auction on Thursday as Greece's political uncertainty added to risk of further downturn in the region. The interest rate on four-year debt may surge to 5% as compared to 4% at the last auction. The PM of Spain said that borrowing costs may even grow to 'astronomical' level amid turmoil in the Euro Zone.

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Thu, 17 May 2012 08:20:28 GMT

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