Spread closes 5 pts down on 228
Milan bourse greets Renzi with 0.89% rise09 December, 18:23
A narrower spread indicates greater investor confidence in the Italian economy and Rome's ability to pay down its huge debt.
The Milan bourse closed 0.89% up as investors seemed to look forward to Renzi, who has been widely compared to a young Tony Blair, giving firms and the economy a boost as he influences the policy of the government led by former PD deputy head Enrico Letta.
European markets posted moderate gains amid lower concern the Federal Reserve may start easing stimulus policies quicker than expected.
London was 0.11% up, Frankfurt 0.25%, Paris 0.11%, Madrid 0.90% and Athens 0.47% up.