Cottarelli stands aside as populist government eyes power in Italy

IANS 

Rome, June 1 (IANS/AKI) Former IMF on Thursday handed back to Italy's his mandate to form a technical cabinet after the far-right and the anti-establishment Five Star were said to have formed a populist government.

The coalition government is to be led by Giuseppe Conte, the original prime ministerial candidate selected by the League and Five-Star, Adnkronos learned from sources.

League and Five-Star chief will both be sand will be while Di Maio will serve as Welfare Minister, according to the sources.

Giorgio Giorgetti, the League's second-in-command is set to be cabinet under-secretary, said the sources.

The key job of will go to Giovanni Tria, an at Rome's Tor Vergata, while the populists' original choice of Minister, 81-year-old eurosceptic Paolo Savona, is set to be given the job of European Affairs Minister, the Adnkronos sources said.

Conte was due later to present the new populist cabinet line-up to Mattarella.

"Maybe finally we are there, after many obstacles, attacks, threats and lies," tweeted earlier.

The pro-European Mattarella on Monday invited Cottarelli to try and form a technocrat government when Conte resigned after Mattarella rejected Savona as citing investor concerns at home and abroad and sparking the populists' fury.

In a bid to stave off a snap election in July after Salvini and Di Maio said they would not vote confidence in any technocrat government, Mattarella gave the two leaders more time to hold further talks on a cabinet.

has been in political limbo since the inconclusive March 4 national election in which populist parties made strong gains but no party or bloc won an outright parliamentary majority.

Several rounds of talks with leaders since the March polls collapsed amid a seemingly irreconcilable mesh of demands.

--IANS/AKI

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First Published: Fri, June 01 2018. 00:26 IST