Italy's Renzi dismisses risk of market contagion from Greece


  • World
  • Monday, 29 Dec 2014

Pierre Moscovici attends a press conference after an Euro zone finance ministers meeting in Brussels December 8, 2014. REUTERS/Eric Vidal

ROME (Reuters) - Italian Prime Minister Matteo Renzi on Monday categorically ruled out any risk that political instability in Greece may produce renewed market pressure on Italian assets.

Greek Prime Minister Antonis Samaras said he would propose an early national election on Jan. 25 after parliament rejected his nominee for president, sparking a decline in Italian and Spanish assets and a market dash for ultra-safe German bonds.

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