GOLDMAN: There's Almost A 50% Chance Of A Negative Outcome In Ita

by alexoscarew | February 25, 2013 at 12:08 am
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http://newsdoors.blogspot.com/2013/02/goldman-theres-almost-50-chance-of.html

Reminder: The first exit polls from the Italian election will hit some time around 9 AM ET, before US markets officially open.
The hope for World markets/the EU/Italian elites is that the center-left parties get enough votes to form a stable majority.
The fear is that there will be a big surge for the conservative (Berlusconi) and populist (Beppe Grillo) movements, making a government untenable, and thus risking a backsliding of Italy's reforms, causing borrowing costs to jump, and thus reigniting the European crisis. Italy is Europe's largest debt market, and the third largest in the world.
Read More: http://newsdoors.blogspot.com/2013/02/goldman-theres-almost-50-chance-of.html

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