Comment on Europe Markets: Italy’s stock market slumps as budget drama looms, weighs on broader European bourses

Europe Markets: Italy’s stock market slumps as budget drama looms, weighs on broader European bourses

Italian stocks were trading sharply lower on Friday as the drama of the country’s budget plan erupted anew and pushed up its sovereign bond yields amid worries that a market-disrupting conflagration between the European Union and Rome won’t be averted.

 

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