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المشهد العربي
Source: المشهد العربي
8 Hrsالمشهد العربي
Source: المشهد العربي
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Fabio Panetta, a member of the European Central Bank’s Governing Council and Governor of the Bank of Italy, warned that the sharp rise in bond yields is increasing financing costs and weighing on growth in the euro area, but does not currently amount to a crisis. He said that higher long-term interest rates in the United States, amid stronger-than-expected growth and inflation, are spilling over into European markets and adding to Italy’s financing burden.
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