Fri, 13 Sep 2013 13:16:03 GMT
Political situation in Italy still causes mistrust
Olli Rehn, the economics chief of the EU said on Friday that Italian economy still faces a lot of economical risks, as the economy continues to decline. Manufacturing in the country lost 1.1% this July on the annual basis, while the GDP slump eased to 0.2% in Q2. Analysts point out that political instability may push 10-year bonds' yields even