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France faces prospect of paying higher borrowing costs than Italy
Rome has significantly reduced its public deficit over the past three years, while Paris has allowed its own to spiral. In the eyes of investors, Italy is now as credible as France, despite a heavier debt burden. On the markets, the gap in interest rates between the two countries has nearly vanished.
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lemonde.fr
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La France menacée de payer plus cher que l’Italie pour s’endetter
En trois ans, Rome a nettement réduit son déficit public, alors que Paris laissait le sien déraper. Aux yeux des investisseurs, l’Italie est désormais aussi crédible que la…
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France faces prospect of paying higher borrowing costs than Italy
Rome has significantly reduced its public deficit over the past three years, while Paris has allowed its own to spiral. In the eyes of investors, Italy is now as credible as…