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Italy sparks euro crisis fears and global market sell-off

The eurozone’s long simmering financial crisis is now a political one

Italian President Sergio Mattarella talks to the press after that Italy's designated Prime Minister Giuseppe Conte returned the mandate to form a new government
Italian President Sergio Mattarella talks to the press after that Italy's designated Prime Minister Giuseppe Conte returned the mandate to form a new government Photo: Getty Images

Fears over Italy have returned with a vengeance, surprising US investors returning from a three-day Memorial Day weekend as headlines out of Rome sent shock waves through global markets and contributed to a sell-off for Wall Street stocks.

READ Here’s why markets are worried about Italian politics — again

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