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Tag Archives: Italian debt crisis
Euro notes with mint sauce Part 2
Yesterday, Thursday 12.1.12 will go into history as the Black Thursday before Friday 13th. Italy and Spain had to refinance 12bn and 5bn respectively for which they had to pay yields of 6% and 5% on their bonds last year. … Continue reading
Posted in World Economy + Health
Tagged Bundesbank, Italian bond auctio, Italian debt crisis, Spanish bond auction, Spanish debt crisis
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Dollar notes without ketchup Part 6
Or should I say “Euro notes with whipped cream”? This week interest on German bonds has fallen to 0.08%, that’s as good as free money for Germany. They took this opportunity to increase their national debt from 1.8bn Euros to … Continue reading
Posted in World Economy + Health
Tagged Bruno Craxi, credit default swaps, Italian debt crisis, Italian mafia, Silvio Berlusconi
Comments Off on Dollar notes without ketchup Part 6