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With Populist Anger Rising, Italy May Be Next Domino to Fall
Banks of that caliber, as soon as you have any noise and rumors, it creates a really bad loop. In France, where the far-right National Front has emerged as a force, the youth unemployment rate is around 25 percent. That looks good compared with Greece and Spain, both with more than 40 percent youth unemployment and strong populist movements. In Italy, Mr Renzi's 2015 labor market overhaul, hailed by many investors, has so far failed to be the boon to employment his government expected.
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