Brussels, 19/04/2011 (Agence Europe) - On Tuesday 19 April, Greece raised €1.625 billion over three months at a higher rate of 4.10%. International financial aid to the country has made possible this short term issue of sovereign debt certificates. The markets, however, still do not believe in the country's ability to refinance itself on the markets from 2012. On Monday the Greek debt's 10-year rate rose above 14%, a level unheard of since the euro was set up.
The European Commission and...