Italy reaches crisis point as bond yields soar

Announcement that Italian prime minister Silvio Berlusconi will resign does little to calm markets; bond yields hit euro area record high, raising the stakes for a potential default


Italian bond yields hit a eurozone record high on November 9, despite a pledge from Italy's prime minister Silvio Berlusconi to resign once the Italian parliament passed plans to implement fierce austerity measures, raising serious concerns over a possible default by the country.

The day before, Berlusconi had announced he would resign, after losing his absolute majority in a confidence vote in the lower houses of parliament. The Italian prime minister has faced increasing pressure from his

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here