Domenica, 21 Ottobre 2018

Milan bourse loses 0.9% with Monti govt in peril


Milan, December 7 - The Milan stock exchange's FTSE
Mib index lost 0.9% to drop to 15,699 points on Friday after
Silvio Berlusconi's People of Freedom (PdL) party said it
considered Premier Mario Monti's emergency government finished.
The spread between 10-year Italian bonds and the German
benchmark, a barometer of Italy's borrowing costs in the
eurozone crisis, climbed to 336 at one stage on Friday before
dropping back to close at 323 points with a yield of 4.5%.
The spread closed at 327 points on Thursday.

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