Spain borrowing costs to climb as growth concerns persist
Linkedin

Spain borrowing costs to climb as growth concerns persist

Madrid : Spain | Jul 18, 2012 at 3:27 PM PDT
Source: International Business Times
XX XX
Views: Pending
 
Spain's midterm borrowing costs are set to rise at an auction on Thursday as investors remain unconvinced the government can control its finances and revive growth, even after the broad set of spending cuts and tax hikes it unveiled last week. Spain aims to raise 2-3 billion euros ($2.4-$3.7 billion)... FULL ARTICLE AT International Business Times
Back
1 of 9
Next
Spain raised 4.88 billion euros in the sale
Spain raised 4.88 billion euros in the sale
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
Advertisement
 
Advertisement
 

News Stories

 
  • Spanish fears send euro lower, earnings lift stocks

    International Business Times
    A sharp rise in Spain's borrowing costs on Thursday sent the single currency lower as fears rose that a full sovereign bailout was inevitable, but European shares hit 11-weeks highs as second-quarter company results lifted sentiment. Despite all the...
  • US stimulus hopes shore up markets

    SF Gate
    Markets remained firm Thursday due to upbeat earnings from IBM and ongoing expectations that the U.S. Federal Reserve will provide another monetary stimulus to the economy in coming months. Though Fed Chairman Ben Bernanke did not indicate in his two-...
  • Spain pays high rates to raise $3.7 bln in bonds

    Ledger-Enquirer
    Demand was roughly two times the amount on offer for each issue. But the interest rate on the five-year debt rose sharply to 6.46 percent, from 5.54 percent at the last such auction on July 5...The auction comes as Parliament debates a package of tax...
  • European Markets Rise Amid Encouraging U.S. Corporate Quarterly Earnings

    International Business Times
    Shares of Bankia SA climbed 7.60 percent and shares of Repsol SA advanced 1.55 percent. Must Read Sponsorship Link The market sentiment was helped by a 6.9 percent jump in June U.S. housing starts and positive quarterly company earnings. Second...
  • Shares gain on earnings optimism, debt auctions eyed

    International Business Times
    European shares rose to 11-week highs on Thursday as strong U.S. corporate profits lifted sentiment, while signs of stress in the European debt market kept the single currency trading just above a two-year low. Pressure also remains on the dollar...
  • Bonds weaker as Bernanke boosts optimism

    The Daily Telegraph
    US central bank gave share markets a reason to be optimistic about the world's largest economy...He reiterated that the US economy was slowing and the Fed would use stimulus measures, if warranted, to boost growth. CMC Markets chief market strategist...

Images

 >
 

More From Allvoices

Related People

 
Tap_logo_330_110_event
 


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2013. All rights reserved.