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    Napolitano re-election helps Italian stocks and bonds

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    euronews (in English)

    by euronews (in English)

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    Hopes of an end to two months of political deadlock had a positive effect on Italy's financial markets on Monday.

    The main share index in Milan was up two percent by mid afternoon and the cost of borrowing for the Italian government fell after the re-election of 87-year-old Giorgio Napolitano suggested parties may be nearer a deal to form a government.

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