Spain climbs above Italy?
- 5 years ago
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Borrowing costs in the eurozone periphery have been shrinking, so much so that it costs Spain less than Italy. Fergus McCormick, head of sovereign ratings at DBRS, tells Ralph Atkins how he determines whether the risk of holding Spain's debt is less than holding Italy's.
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Borrowing costs in the eurozone periphery have been shrinking, so much so that it costs Spain less than Italy. Fergus McCormick, head of sovereign ratings at DBRS, tells Ralph Atkins how he determines whether the risk of holding Spain's debt is less than holding Italy's.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
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