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New Italian gov't led by PM Enrico Letta buoys markets

BRUSSELS — Italian Prime Minister Enrico Letta, who was sworn in on Sunday, seeks the backing of parliament in a confidence vote on Monday. Markets opened with relief Monday that Italy finally has a new government two months after the general election. The Milan stock index performed robustly Monday morning and Italy sold government bonds at its lowest rates since October 2010.

Europe hangs on Italian elections

  ROME — Rome is awash in political posters. They're plastered on buses, billboards, even the Segways that bear footsore tourists through ancient cobbled streets, with messages from a seemingly baffling array of 25 parties and coalitions competing in parliamentary elections on Sunday and Monday. Although actually a relatively simple contest, however, the elections could have a profound impact on the future of Italy and the entire euro zone. 
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