Le blog A Lupus un regard hagard sur Lécocomics et ses finances

Key Data Points
German 10-year Bund 9 bps lower;
Ireland 18 bps wider;
Italy 12 bps wider;
Spain 23 bps tighter;
Portugal 1 bp tighter;
Greece 158 bps tighter;
Large Eurozone banks up  -1.0 to 5 percent higher;
Euro$ down 0.49 percent.

Comments
– France, Portugal, and Greece 10-year yields at lowest weekly close of the year;
– Bundesbank cut its growth forecasts for the German economy;
– Greece launches debt buyback;
– The ECB kept its interest rate at 0.75pc but looks ready to cut next month;
– Standard & Poor’s warned it could cut Italy’s BBB+ rating if the recession continues;
–  Italy came under threat to dissolve its technocratic government led by Mario Monti as they lost support from Silvio Berlusconi’s PDL party.

Source:  Guardian and Telegraph

The task facing Italy’s government

EVEN before Silvio Berlusconi announced that his party would withdraw support for Italy’s coalition government…