Shares rally as Italy edges away from Brussels budget clash
by Larry Elliott Economics editor from Economics | The Guardian on (#43QYG)
Frankfurt's Dax index rises by 1.45%, while the City's FTSE 100 ends day up by 1.2%
Italy has shown the first signs of backing away from a budget clash with Brussels, sparking a share rally in Rome.
On a day when equities rose across the globe, tentative signs of progress in negotiations between the European commission and Italy's populist leaders resulted in the key barometer of the Italian stock market rising by almost 3%.
Continue reading...