Domenica, 23 Settembre 2018

Berlusconi 'misunderstands' the spread, says Passera


Rome, December 11 - Italian Industry Minister
Corrado Passera on Tuesday rebutted ex-premier Silvio
Berlusconi's assertion that the bond spread is a "con" that does
not matter.
"Is there anyone in the world would could think that the
spread is not important? That interest rates are not important?
That the credibility of the country is not important? To think
otherwise is to misunderstand the concept," said Passera.
"It is not the only (economic) indicator but it is an
important one".

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