Borrowing Costs Rise For Weak In Europe.

The article focuses on an increase in borrowing costs for weaker European countries. It states that bank bailout costs in Ireland and another probable bank bailout due to the inability of Allied Irish Banks PLC to sell its United Kingdom business has resulted in Ireland's borrowing costs to increase significantly. It comments on difficulties among Portuguese political opponents to create a budget compromise and the possibility of debt restructuring in Greece have also pushed up borrowing costs.