(MENAFN) Shares of Italy saw a significant decline while its borrowing costs increased on Monday as the country expects a shutdown between Prime Minister Enrico Letta and billionaire tycoon Silvio Berlusconi, according to Times of Oman.
The country's afternoon trading stocks declined 1.63 percent. Its return from bonds issued for investors increased 4.520 percent on Friday.
The Italian financial news website firstonline.info said: "The Berlusconi effect strikes again, and there is alarm on the markets."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.