Eurozone growth in line with expectations After Spain and Italy, Portugal is easing the fiscal pressure Financial turbulence has spread to the Eurozone and rekindled some pressure pushing up sovereign spreads within the Eurozone. This week, the 10-year yield spread between Italian and Spanish government bonds, and Bunds rose by close to 30 basis points, with Portugal’s yield spread against Bund widening by 110 basis points. This type of tension was thought to have been kept firmly in
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