Hopes rise for new Italy government after Napolitano re-elected


ROME (Reuters) - Italy's newly re-elected president Giorgio Napolitano will push forward on Monday with efforts to form a new government and end two months of stalemate that blocked economic reform and created growing unease among Rome's international partners.

Financial markets opened higher, with the main barometer of investor confidence, the spread between yields on 10-year Italian bonds and their safer German counterparts, narrowing sharply and Italian stocks among the main gainers across Europe.

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