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Euro zone ministers say they are concerned but not anxious

Kyriakos Pierrakakis said euro zone finance ministers are “concerned but not anxious” about rising bond yields and plan to stick to EU-approved fiscal paths to preserve credibility.

Euro zone finance ministers are "concerned but not anxious" about the rise in bond yields, and recognise they need to stick to EU-approved fiscal paths to preserve credibility, the head of euro zone finance ministers, Kyriakos Pierrakakis, said on Friday. The ministers also understand they must maintain those fiscal paths to support credibility.