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Uncertainty extends across Italy with.........>

ITALY
ITALY: Uncertainty extends across Italy with Italian equities underperforming
despite opening higher. Former IMF staffer Cottarelli has now been awarded the
mandate with which to construct a technocratic government after turning down the
MS5/League coalition's proposed economy minister Savona, opening the way for
fresh elections in 2019. Italian banking stocks are being hit the hardest, with
a number of banks seeing their shares suspended from trade (as per:
https://www.ilfattoquotidiano.it/2018/05/28/governo-spread-torna-oltre-200-dopo-
la-discesa-sul-nome-di-cottarelli-di-nuovo-calo-le-banche/4386620/). 

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