Spread -200 points since 2012 - Draghi

(ANSA) - Brussels, September 26 - The spread between Italian and German 10-year bonds, a gauge of Italy's borrowing costs and investor confidence, has dropped by 200 points since 2012 and this means the financial market situation has improved, European Central Bank (ECB) chief Mario Draghi told a European Parliament hearing Monday.
    "Fragmentation has decreased substantially and business and family financing conditions have improved markedly throughout the eurozone" since 2012, Draghi said.
    The spread closed Monday at 130.1 points. The yield was 1.18%.