Italy government borrowing rates hit euro-era high
The Italian government's borrowing cost has risen as fears grow over political uncertainty in Rome.
The yield on Italian 10-year bonds rose from 6.37% to a euro-era high of 6.64%, before retreating to 6.5%.
It is feared that Italy, the eurozone's third biggest economy, could become the next victim of the debt crisis.
Prime Minister Silvio Berlusconi faces a crunch vote on public finance on Tuesday, as Robert Peston reports.
07 Nov 2011
- From the section Business