Italy's financial markets were
edgy in early trading on Tuesday as investors await the European
Commission's verdict on Italy's budget plan.
The spread between Italy's 10-year BTP bond and the German
Bund dropped back to 299 basis points after climbing to 310 at
the opening of trading only to then pop back over the 300-points
mark.
The spread closed at 304 points on Monday.
The Milan stock exchange's FTSE Mib index lost over 1% in
early business.
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