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European debt crisis escalates in Italy as rates rocket
USA Today MILAN (AP) – Italy's borrowing rates skyrocketed during bond auctions Friday, initally battering stock markets in Europe as the continent's escalating debt crisis laid siege to the eurozone's third-largest economy. By Andrew Medichini, AP European … European Stocks Post Biggest Weekly Tumble in Two Months European debt crisis: Risks grow as borrowing rates for Italy, other nations rise EU's Rehn: Italy Must Act Fast So Europe Can Build Firewall |