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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Italian borrowing costs rose

LONDON (MarketWatch)
Italian borrowing costs rose in keenly-watched auctions on Thursday, with yields on 3-year bonds surging to the highest level in six months
Yields for the 3-year bond rose to 5.30% from 3.91% at a previous auction, while yields on bonds maturing in 2019 rose to 6.10% from 5.21% previously
In total the government succeeded in selling its maximum targeted 4.5 billion euros ($5.7 billion)

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