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Economy

Chances of new Italy elections spook investors

Updated : May 30, 2018 08:11 AM IST

Political shock waves from Italy shook investor sentiment across the globe on Tuesday. A political crisis in the Eurozone’s third largest economy has fueled a sell-off in Italian assets and the euro.

There are concerns that fresh elections could deliver a stronger mandate for Italy’s anti-establishment Eurosceptic politicians increasing the risk of a Eurozone breakup.
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