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News Link • European Union

ITALY IMPLODES

• http://www.businessinsider.com, Joe Weisenthal
 Italy's FTSE MIB index down over 4%.
 When we originally posted this the index was off just 4.1 percent. It ended off over 4.9%.
 
The yield on the 10-year Italian bond is up to 5.66%, and of course a whole bunch of Italan banks got slammed.

Similar carnage in Spain, of course.

This one just got worse and worse throughout the day.

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