Italy renews attempt to form coalition and end turmoil: party source
Italy searched for a last-minute exit from almost three months of political turmoil on Wednesday, with its biggest party looking to make a renewed attempt to form a coalition government with the right-wing League, a source said.
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 lineup.
President Sergio Mattarella’s veto of 81-year-old eurosceptic Paolo Savona as economy minister appeared to tip the country back toward 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.
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