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Europe Daily Bulletin No. 10552

14 February 2012
ECONOMY - FINANCE - BUSINESS / (ae) economy
Successful rollover of short term loans in Italy and France

Brussels, 13/02/2012 (Agence Europe) - On Monday 13 February, France and Italy managed to roll over their short-term debt after the positive vote by the Greek parliament on the second bailout (see separate article).

Italy rolled over €12 billion in short-term loans at lower interest rates, such as €8.5 billion for one year at 2.2% compared with 2.7% for a similar loan in January.

France borrowed €8.7 billion for 3, 6 and 12 months, at a lower interest rate and with strong demand,...

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