Another Europe News
Smooth Spanish bond sale, but euro zone still besieged
http://www.euronews.net/ For once there was some good news from the eurozone debt crisis as Spain was able to sell many more government bonds than it expected at its latest debt auction and did not have to offer investors too high a rate of interest.
That showed that Spain is now considered a safer bet than Italy in terms of paying back its debts.
But it was only a small positive and investors want to see more progress — a fact noted by Europe’s top central banker, Mario Draghi, who is urging politicians to “speak unambiguously”, and then “deliver” on their promises.
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