Italy's Mediaset shares suspended, hit by government woes
MILAN (Reuters) - Shares in Italian broadcaster Mediaset, owned by center-right leader Silvio Berlusconi, were suspended for excessive losses on Monday with analysts citing worries over a possible government crisis following his conviction in a tax fraud case.
"There are worries around the political situation in Italy which are weighing on the stock and the sector," said a Milan-based analyst, asking not to be named.
The stock was indicated down 5.2 percent at 3.19 euros and was the biggest loser in Italy's FTSE MIB blue-chip index.
(Reporting by Agnieszka Flak)
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