Carlo Cottarelli Archives - Ceylon Independent

Sergio Mattarella asks former IMF economist Carlo Cottarelli to form a government 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 S...

Italy is mired in fresh political turmoil, with the president facing impeachment calls after he vetoed a choice for finance minister. President Sergio Mattarella said he could not appoint Paolo Savona, a strong eurosceptic, citing concerns from investors at home and abroad. The move ended a bid by Italy's two populist parties to form a coalition. Mr Mattarella may now appoint a stop-gap prime minster with early elections looking increasingly likely. He has summoned Carlo Cottarelli, a former executive director of the International Monetary Fund, who could form an interim administration. Italy has been without a government since elections in March because no political group can form a majority. The Five Star Party had been trying to form a government with another populist pa...

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Italian president names interim prime minister until fresh elections

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