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Italy's election results give euro and Italian stocks and bonds a jolt
A tv screen in the press room of the Five Star Movement (M5S), showing the first exit polls after polling stations closed in Rome. The jockeying among the parties to form coalitions now starts, given that no single party won a majority.
PHOTO: AFP
London
THE euro-sceptic populist, right-wing, anti-immigration parties have done better than expected. Italy has now entered a period of political and economic instability while parties form alliances to gain power.
The euro, bonds and shares were already falling ahead of the polls...
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