JUST IN: Italian president gives Giuseppe Conte mandate to form new government - presidential official. Read more:
ROME - Italy’s head of state is expected to give two former political enemies the chance to form a new government on Thursday, capping an extraordinary three weeks that could mark a turning point in its frayed relations with the European Union.
Sworn enemies in the past, the two parties entered coalition talks after 5-Star’s former coalition partner, the right-wing League party led by eurosceptic Matteo Salvini, declared the government unworkable and called for snap elections. “We love Italy and we consider it worthwhile to try this experience,” Zingaretti told reporters. Speaking shortly afterwards, Di Maio said: “We made commitments to the Italians...and come what may we want to fulfil them.”
The prospect of a new administration led by Conte has buoyed markets, which are betting that Italy will get a fiscally prudent government that will avoid confrontation with Europe.
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