Italy starts its working week by being thrown into a political crisis, as the two eurosceptic parties that wanted to form a government reached a standoff with Italy’s president. Over the weekend, president Sergio Mattarella rejected academic Paolo Savona to become a member of the new Italian government, reportedly because of his eurosceptic views. In response, Giuseppe Conte dropped his bid to become prime minister, while the Five Star Movement is calling for the impeachment of Mattarella.
So how radical is Savona?
According to Italy’s president, dangerously so. “The uncertainty about our position in the euro has alarmed Italian and foreign investors who have invested in our bonds and companies,” the president said according to agency Ansa…
Read more : EUObserver, 28.05.2018