Gulf News

Last-ditch bid to reach deal in Italy

Leader of League party says elections to be held ‘as soon as possible’

-

Italy searched for a lastminute exit from almost three months of political turmoil yesterday, with its biggest party looking to make a renewed attempt to form a coalition government with the right-wing League.

The two anti-establishm­ent parties, the 5-Star Movement and League, had abandoned plans to jointly take power at the weekend after the president blocked their proposed cabinet line-up.

President Sergio Mattarella’s veto of 81-year-old Euroscepti­c Paolo Savona as economy minister appeared to tip the country back towards repeat elections and triggered a dramatic speculativ­e attack on Italian financial markets.

The parties are now trying to find “a point of compromise on another name” for the economy ministry, said the source close to 5-Star, the single-biggest party in the new parliament.

The sense that a resolution of the stalemate might be at hand came from Prime Minister-designate Carlo Cottarelli, who was tasked by the head of state this week to calm the turmoil and plan for repeat elections after the summer.

“New possibilit­ies have emerged for the birth of a political government,” Cottarelli was quoted as saying by ANSA news agency, implying that a government headed by politician­s rather than technocrat­s like himself could be in the offing.

“These circumstan­ces, also considerin­g the market tensions, have caused me to wait for further developmen­ts.”

Interim government

League leader Matteo Salvini, who is surging in opinion polls, appeared to throw cold water on the notion that his party and 5-Star could try again to take power, saying Italy should return to an election as soon as possible.

“The earlier we vote the better because it’s the best way to get out of this quagmire and confusion,” Salvini told reporters.

He did, however, appear open to an interim administra­tion to govern for a few months, saying an election at the end of July would be “disruptive” for Italian seasonal workers.

Newspapers in English

Newspapers from United Arab Emirates