Italy has a successful bond issue yesterday, but at great cost, at rates that have never been seen since the introduction of the euro. Rome has raised 6.485 billion euros, 3.865 billion in securities to five years to a yield of 5.60 %. This growth performance was the result of unconfirmed rumors concerning aid from China to Rome by investing in debt. However, these rumors have lost power during yesterday's session, to weigh on prices. However, China has taken to solemnly reaffirm its " confidence in the European economy and the euro," as stated by the spokesman of the Ministry of Foreign Affairs. "Europe will remain an investment market for China," without confirming or denying rumors of buying Italian debt.
Moreover, Obama has spoken about the crisis in the euro area in the daily El Mundo by stating that " the major countries of Europe, the continent's leaders must meet and decide on a coordinated integration of monetary policy, fiscal policy with a more coordinated, " while recognizing that the structure of the euro area makes it difficult to agree on a" common method ".
Finally, when the crisis is experiencing a new twist, the fear of a problem like " too big to fail " seems to resurface across the Atlantic. The Fed seems to see a very dim view of the proposed acquisition by Capital One of the activities of online banking in the United States of ING Group, according to reports the WSJ. According to the financial daily, the Fed had asked Capital One end of August to the details of the activities in question while an agreement was reached last June between the Dutch bancassurance and Capital One for a total of nine billion dollars.