23
Jan
From The New York Times By NICHOLAS KULISH - 1/21/12
BERLIN — Throughout the month, countries caught in the eye of the European financial storm, including Italy, Spain and France, have
repeatedly defied expectations, selling big batches of bonds to the public at interest rates significantly lower than investors demanded at the height of the euro crisis late last year.
The surprisingly successful auctions owe little to improving economic data around the region. On the contrary, many of the countries that use...