Mattarella summoned Carlo Cottarelli after the anti-establishment Five Star and far-right League parties abandoned plans to form a coalition, angered by the president’s veto of their choice of a eurosceptic to become economy minister. The president was due to meet Cottarelli at 1130 am (0930 GMT).
Financial markets rallied for a while on the news that Italy’s economy, the euro zone’s third-biggest, would not be guided by a government hostile to the single currency.
However, the gains were soon wiped out and analysts warned that any Cottarelli-led government was unlikely to win a confidence vote in parliament, meaning it would serve merely as a caretaker until new elections can be held.
The 5-Star Movement is considering campaigning together with the League if the nation goes back to the polls, a 5-star source said.
Reuters
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