Italy 'needs 300bn euro loan to stand still'

Help

The new borrowing cost of 6.64% for Italy has increased fears of the European debt crisis deepening.

The country has huge debts, says Louise Cooper of BGC Capital.

She said Italy would require 300bn euro of debt relief "just to stand still".

"This is contagion, this is what it looks like," she told the BBC's Aaron Heslehurst.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.