Italy finally agreed on a government, ending months of political deadlock

Italy finally agreed on a government, ending months of political deadlock

Italy finally agreed on a government, ending months of political deadlock

His cabinet line-up would directly involve M5S leader Luigi Di Maio and League leader Matteo Salvini both in the role of vice prime ministers.

Conte - a little known lawyer and political novice - announced his picks for the country's future cabinet after meeting with Mattarella.

Conte, who taught classes as usual at the University of Florence on Thursday before being called to Rome, appeared before reporters at the Quirinale after meeting with Mattarella to announce a Cabinet list split nearly evenly between members of the League and M5S.

Economist Paolo Savona - whose nomination by M5S and League in their previous government attempt triggered the confrontation with the president, and the failure of their bid - will now serve as Minister of European Affairs, according to Conte.

Italy's populist parties on Thursday agreed to form a coalition government, almost three months after an inconclusive March 4 general election.

After the collapse of the M5S-League government bid, the president nominated former International Monetary Fund director Cottarelli to form a technocratic government.

President Sergio Mattarella placed a wreath at the tomb of the unknown soldier. Bond yields dropped, and with them, interest rates on mortgages and other kinds of loans, hitting bank stocks on expectations lenders would earn thinner profits.

Salvini wrote: "Maybe, finally, we are there".

"It's astounding that Paolo Savona, a person of great culture and political awareness, has not yet chose to take a step back", newswire Ansa cited Castelli as saying on Wednesday.

Brothers leader Giorgia Meloni renewed her call for Mr Mattarella to give the centre-right a mandate to try to form a government that can win a parliamentary majority. Carlo Cottarelli was expected to formally step aside.


Italy's populist leaders are getting a second shot at putting together a government.

A spokesman for the president, who in Italy appoints the premier and ministers, said the two would meet again this morning.

The political landscape in Italy has shifted swiftly in the last two days.

PM-designate puts technocrat government formation on hold to allow for possible compromise by populist parties. Italy‚à "ôs president has tapped law professor Giuseppe Conte to be Italy‚à "ôs next premier heading Italy‚à "ôs first populist government".

Salvini, who has been blowing hot and cold on reviving the populist government project, told a rally in Genoa in northern Italy: "If it's wanted, there's a government contract with a team which is ready".

The pledge of mass deportations to come was a reminder that Italy has a staunchly anti-immigrant, right-wing party in its governing coalition - and that the European Union will face a whole new partner governing its fourth-largest economy.

Mr Salvini declined to respond to reporters' questions when he arrived at Fiumicino airport in Rome, and the news agency ANSA said he went straight to the lower house of parliament.

If President Mattarella decides to call snap elections - that would suit the two eurosceptic parties, the BBC's James Reynolds in Rome says.

Immigration is the bugbear of Conte's interior minister, Salvini, the 45-year-old leader of the anti-immigrant, anti-Islam League.

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