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Europe Daily Bulletin No. 10436

24 August 2011
GENERAL NEWS / (ae) eu/euro
Speedier enforcement of eurozone decisions

Brussels, 23/08/2011 (Agence Europe) - There has been no respite in the eurozone sovereign debt crisis. The decisions taken at the end of July by the special eurozone summit have not had the expected impact on the cost of rolling over public debt. On Monday this week, Cyprus rolled over some of its debt on the markets at a rate of 7% over ten years. The European Central Bank has reactivated the purchase of bonds (buying up more than 35 billion euros-worth over the past fortnight) and Italy...