(see related story on budget).
The Milan stock exchange
suffered big losses on early trading on Wednesday and Italy's
bond spread rose sharply amid concerns about the government's
budget plan.
The Milan bourse's FTSE Mib index dropped by 1.9%.
The spread between Italy's 10-year BTP bond and the German
Bund climbed as high as 317 basis points at one stage after
closing at 303 on Tuesday.
The spread, a key measure of investor confident and gauge of
Italy's borrowing costs, then dropped back to 313 points.
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