Italy’s populist leaders say “all the conditions have been met” for a political government.
The leader of the 5-Star Movement, Luigi Di Maio, and League leader Matteo Salvini said in a statement Thursday that they have achieved “the conditions for a political government.”
President Sergio Mattarella will have to agree to the proposed coalition and cabinet.
The new government could be sworn in by the end of the week.
Global markets have been rattled by mounting fears of a new snap election being held if no government was formed soon.
Mr Salvini and Mr Di Maio’s initial attempt to form western Europe’s first populist government stalled earlier this week when Mr Mattarella refused their choice of an anti-euro economy minister.
Giuseppe Conte, a law professor close to 5-Star, remains the coalition’s pick for prime minister, the leaders said.
The Italian President is scheduled to meet with Mr Conte shortly.
🔴Deal reached in Italy – a new government, an awkward hybrid of ‘populists’. List of ministers being proposed to President
Prime Minister CONTE
Home affairs SALVINI
Jobs DI MAIO
Foreign Affairs MOAVERO MILANESI
European Affairs SAVONA the man vetoed for finance
— Mark Stone (@Stone_SkyNews) May 31, 2018
This is despite Mr Conte previously quitting as PM designate because the president wouldn’t accept the anti-euro candidate for economy minister.
Carlo Cottarelli was suggested as a stop-gap replacement, before he failed to present a cabinet and won no support. He has stepped aside.
Sky sources say the list of ministers, many of whom are not well known figures, being proposed to the president are:
:: Prime Minister – Giuseppe Conte
:: Economy – Giuseppe Tria
:: Home affairs – Matteo Salvini
:: Employment – Luigi Di Maio
:: Foreign Affairs – Enzo Moavero Milanesi
:: European Affairs – Paolo Savona
Giovanni Tria, a little known economics professor, is set to be awarded the key economy ministry job, instead of the eurosceptic economist Paolo Savona who had been vetoed by President Mattarella.