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'New possibilities' for coalition government

'New possibilities' for coalition government

Salvini had earlier stressed that if his proposed cabinet was rejected — including the already vetoed economy minister — it would be better to go to new elections.

On Wednesday, premier-designate Cottarelli said in a statement that "new possibilities for the birth of a political government had emerged" during his consultations.

The president approved Conte and a rejiggered Cabinet list Thursday after Paolo Savona was moved from the economy slot to that of the ministry of European affairs. "It is a lie invented by Mattarella's advisors", Mr Di Maio mentioned in a dwell video on Fb.

Their ambitious economic proposals - which include a universal basic income for Italy's poorest, rolling back pension reform and a two tier flat tax - have anxious Brussels and financial markets given the country's sizeable debt.

The institutional and national pride on display Saturday is a feature of every Republic Day, but it assumed more significance this year after Italy ended three months of political, institutional and financial turmoil and installed a government of the 5-Star Movement and League whose populist and euroskeptic leanings have alarmed Europe.

Just forty-eight hours ago Italy had looked to be on course for snap elections after coalition talks between the anti-establishment Five Star Movement and the far-right League collapsed over the weekend.

Grillo tweeted euphorically: "If you can dream it, you can do it".

Elections may gain advantage Mr Salvini, nevertheless, as current polling by IndexResearch put the League at 22 p.c, 5 factors up from its vote share within the March four poll.

In a Facebook post, Di Maio gushed: "There are a lot of us, and we're ready to launch a government of change to improve the quality of life for all Italians". He pledged to ask for Mattarella's impeachment saying it was absurd to propose a government that doesn't have a parliamentary majority. "That means more work, less corruption", he said.

"The initiative for a new anti-establishment government. would have to imply a credible pro-European commitment and a commitment to the Italian Constitution, i.e. the fiscal framework, to have any chance of flying", Codogno said.

"The immigration question is still burning", Salvini said.

Another Cabinet pick seen as reassuring to those concerned the populists could set Italy drifting from its strong ties with the European Union is Foreign Minister Enzo Moavero Milanesi.

Conte himself acknowledged that the populists are a whole new breed that is leaving some wondering what they will be like.

"That must not happen again in the present case with Italy", Juncker said.

"Italy was one of the founding nations of Europe", said Riccardo Perrone as he walked through a central Rome vegetable market, a stack of the day's newspapers tucked under his arm.

Salvini wants to undo or at least drastically revamp pension reform that raised retirement ages.

The Fiver Star Movement on the other hand is the party of the south because the voters mainly come from this region. He was confronted by a group of laid-off workers protesting outside Parliament. Their pick for premier, Conte, is now the latest.

Markets relaxed with the news, with the Milan stock exchange rising about 1 percent and government borrowing rates easing. "One thing though: Gotta stay strong, the bully boys will be after you". He was referring to European Union officials who recently evoked dire scenarios for Italians if the populists gained power.

"I'm in deep love with Italy, bella Italia", European Commission President Jean-Claude Juncker told a conference on Thursday.

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