Italian president names interim prime minister until fresh elections
2018-05-29 09:25:06 source:The Guardian
May 28, 2018
Italy’s faith in the eurozone is set to be tested in fresh elections in the autumn after the president, Sergio Mattarella, installed an interim prime minister to lead a new government after a bitter falling out with the country’s populist parties.
The political crisis that has engulfed Rome threatens to bring about another bitter battle over the future of the EU, two years after the UK voted for Brexit. The uncertainty promped a selloff on Italian markets on Monday.
Mattarella, who as president has the power to nominate the head of government and ministers, asked Carlo Cottarelli, a former International Monetary Fund official, to become interim PM after refusing to accept the nomination of Paolo Savona, a Eurosceptic, for the role of finance minister.
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