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Crisis in Italy brings back fears of eurozone crisis

ECB President Christine Lagarde and Italy's Prime Minister Mario Draghi, pictured at a 2015 IMF meeting. Photo: IMF.

The eurozone looks increasingly weak. The euro slipped to parity with the dollar last week and a peripheral debt crisis threatens if interest rates rise sharply. With Italian Prime Minister Mario Draghi's departure announced on Thursday, the stability of the euro is anything but certain.

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