Category Archives: Economy

Italy sells debt at record high

Posted on October 30, 2011 by admin

The cost of borrowing for Italy has reached a record high, despite the recent positive meetings for the eurozone crisis. At auction on Friday Italy paid 6.06% for ten years. This is the highest rate since the euro was brought … Continue reading →

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GDP growth in India slows to 7.7%

Posted on August 30, 2011 by admin

The Indian economy grew 7.7% in Q2 (April to June) of 2011, compared to the same time period last year. The figure was better than many analyst had predicted but was India’s weakest growth in six quarters. The GDP growth … Continue reading →

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