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    Italy short-term borrowing costs plummet

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    euronews (in English)

    by euronews (in English)

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    Italy's short-term borrowing costs have fallen to their lowest in 17 months.

    The amount of interest Rome had to pay to sell 12.25 billion euros of six-month treasury bills at an auction on Monday was 1.2 percent.

    Cheap loans from the European Central Bank have made investors keener to lend to eurozone governments over the short-term.

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