- Friday 14 March 2014
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Italy counts the cost of a hung parliament
Italy's hung parliament cost the country dearly in the bond markets yesterday as the nation sold €5.3bn (£4.6bn) in debt.
Its cost of borrowing for three years jumped to a three-month high of 2.48 per cent – up from 1.85 per cent in January and the highest since December – and demand for the bonds also fell.
The Italian treasury also sold €2bn of a 15-year bond it first issued in January, paying a yield of 4.9 per cent compared with 4.81 per cent at the initial sale, which was managed by a syndicate of banks.
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Oscar Pistorius trial: Paralympian sick again after photographs of Reeva Steenkamp's body are shown in court
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Tony Benn dead: Veteran Labour politician passes away at 88
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Arrest made after man is found by the side of the road with his penis cut off
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Malaysia flight MH370: Pitbull song lyrics bear uncanny resemblance to missing plane mystery, according to YouTubers
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Missing Malaysia Airlines Flight MH370: Focus shifts west as Indian Ocean becomes latest search area for the aircraft and its passengers
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Katie Hopkins continues campaign to become Britain's most hated talking head with poorly timed Bob Crow tweet
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No EU referendum under Labour: Ed Miliband to reveal that vote on membership is ‘unlikely’ in next Parliament if party wins power
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Grace Dent: Who cares if she spells it Barraco Barner? Gemma Worrall is more employable than some bookish arts graduate
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Europeans have ‘got whiter’ due to natural selection in past 5,000 years, scientists say
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Fracking is turning the US into a bigger oil producer than Saudi Arabia
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How climate change helped Genghis Khan: Scientists believe a sudden period of warmer weather allowed the Mongols to invade with such success
- 1 Tony Benn dead: Veteran Labour politician passes away at 88
- 2 Arrest made after man is found by the side of the road with his penis cut off
- 3 Tim Berners-Lee on creating the web: 'I never expected all these cats'
- 4 Gauthier Soho has ranted against 'food blaggers' - so can we really trust online reviews?
- 5 Malaysia flight MH370: Pitbull song lyrics bear uncanny resemblance to missing plane mystery, according to YouTubers
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