Italy scrambles for political solution with new vote on horizon
Italy scrambles for political solution with new vote on horizon
Euro suffers fresh losses in Asia as Italy faces political crisis
03 June, 2018, 02:50
An anti-establishment government will be sworn in Friday in Italy after a last-ditch coalition deal was hammered out to end months of political deadlock, narrowly avoiding snap elections in the eurozone's third largest economy.
Following the searing-in ceremony, the new government headed to the prime minister's office for the hand-over ceremony.
The new government is expected to face votes of confidence in the two houses of parliament on Monday and Tuesday.
Italy's populist parties have been given a green light to form a new coalition government, ending months of political and financial instability.
From the coalition, far-right League leader Matteo Salvini was named interior minister while Five Star Movement leader Luigi Di Maio is slated to become minister for economic development.
The two enraged parties abandoned their joint bid for power, and on Monday, Mr Mattarella asked former International Monetary Fund economist Carlo Cottarelli to form a caretaker government created to take Italy to planned elections later this year.
In a remarkable case of political deja vu, Italy's President has appointed Giuseppe Conte, a law professor and political novice, as the country's new prime minister, the secretary of the presidential palace announced Thursday.
Italy's president swore in western Europe's first populist government Friday, featuring a mix of anti-establishment and right-wing ministers who have promised an "Italy first" agenda that has alarmed Europe's political establishment.
They presented their proposed Cabinet over the weekend, but Mr Mattarellavetoed their choice of a eurosceptic economy minister, saying the candidate's views put Italians' savings at risk.
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30-year-old son finally moves out of his parents' house He reportedly waved to reporters and honked his horn as he pulled out of the driveway eight years after moving back in, rent-free. Michael Rotondo has told local media he is battling for custody of his son. "I don't have to guess what's behind Door No. 1".
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"With the new government, we'll see how to make them respect the rights and dignity of 60 million Italians who want cooperation from Europe, not insults", he said.
A political novice, he inherits a daunting list of issues from his predecessor Paolo Gentiloni, including the financial travails of companies such as Ilva and Alitalia, a Group of Seven summit in Canada and a key European Union summit at the end of the month, as well as the thorny question of immigration.
After fresh elections seemed likely, the parties returned to the table and reshuffled the proposed cabinet, with Savona now the EU Affairs minister.
Commission spokeswoman Mina Andreeva said Juncker "deeply regrets" the comments, loves Italy and is committed to working with its new government.
European powerhouse Germany vowed an "open" approach to Conte's team, while European Council president Donald Tusk said his appointment came at a "crucial time" for Italy and the European Union - which is facing its own crisis with the departure of Britain.
Tensions have also risen between the two parties and the President, peaking as Di Maio called for Mattarella'simpeachment earlier this week following his rejection of Conte's choice of finance minister.
Cottarelli's tenure as Prime Minister is unlikely to be a long-term solution as he lacks the support of Parliament.
"To affirm the principle of collaboration with countries in difficulty does not mean at all to be willing to leave the euro", the note said.
The Milan stock exchange jumped almost 2.5 per cent as banks hit hard by the turmoil showed signs of recovery.
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On the front, it has a 20MP selfie shooter with f/2.0 aperture, 1.8-micron pixels, AI portrait selfies, and beautification mode. Then the 6GB/128GB model has a 2,999 yuan (~$468) price tag, while the 6GB/256GB model will retail for 3,299 yuan (~$515).
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CBS New York reported video of Saturday's incident shows an officer striking the woman's head twice as she's down on the sand. The involved officers have been reassigned to administrative duty as officials investigate the incident.
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Both physical and digital versions will be released, and the game is now available for pre-order on the PlayStation Store for $30. The plans include what is called the Double Gear system which is created to push " robots beyond their normal capabilities ".
According to the latest CDC update, there have been a total of 197 illnesses, 89 hospitalizations and five deaths in 35 states. Eighty-nine people have been hospitalized, and 26 of them developed a type of kidney failure called hemolytic uremic syndrome.
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