AOL.com Video - Italian Anger After Record Debt Sale

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Italian Anger After Record Debt Sale

Description:Italy's feeling the squeeze once again. It paid a record 6.47 percent to sell 3 billion euros of its five-year debt in a bond auction - the first since the EU agreed at a summit to move towards greater fiscal integration. Rome has reduced the size of its bond auctions as it comes under market pressure - but it's going to have to sell a lot more debt in the coming months. It needs to find around 440 billion euros of funding next year. (2:02)

Source: Reuters

Tags: Italian Anger After Record Debt Sale , eu summit , europe debt crisis , eurozone