Greece's Syriza party gained the key backing needed to form a government Monday, creating a surprise alliance with a small right-wing party that signals possible confrontation over the country's bailout.
Although the alliance between two ideologically opposed parties who share only their opposition to the bailout was a surprise, it nevertheless boosted stock markets across Europe that had fallen on news of the uncertain election results and fear of a second election. Stocks had fallen as much as 4% in Athens on Monday morning.
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