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SSASovereigns

Europe’s periphery basks in glow of short-term success, but danger looms

Italy

The eurozone periphery basked in the glow of a series of blow-out deals and bullish short term sentiment this week — with even Greece receiving enquires for a dollar deal. But the prospect of political turmoil and banking bailouts threaten to draw a shadow over the region’s remarkable recovery later in the year.

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