October 19, 2018 / 6:23 AM / 25 days ago

Italy bond yields hit 4-yr highs as EU warns of "unprecedented" budget breach

LONDON, Oct 19 (Reuters) - Italy’s 10-year and 30-year bond yields hit their highest levels since early 2014 on Friday after the European Union warned of rules breaches in Italy’s draft budget.

Italy’s Prime Minister defended its free-spending budget on Thursday, brushing off criticism from Brussels as the European Commission stepped up pressure over a draft it labelled an unprecedented breach of EU fiscal rules. (Reporting by Abhinav Ramnarayan Editing by Matthew Mpoke Bigg)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below