Top of the Hour: Italy’s Borrowing Hits 7 Percent, Morning Headlines

Despite Berlusconi’s resignation and an austerity package, Italy’s borrowing rates have spiked to 7 percent, a level that most investors consider unsustainable.  

Despite Berlusconi’s resignation and an austerity package, Italy’s borrowing rates have spiked to 7 percent, a level that most investors consider unsustainable.  

Top of the Hour: Italy's Borrowing Hits 7 Percent, Morning Headlines - The World from PRX