Italy's head of state is expected to give two former political enemies the ...
ROME - Italy’s head of state is expected to give two former political enemies the chance to form a new government on Thursday, capping an extraordinary three weeks that could mark a turning point in its frayed relations with the European Union.
Sworn enemies in the past, the two parties entered coalition talks after 5-Star’s former coalition partner, the right-wing League party led by eurosceptic Matteo Salvini, declared the government unworkable and called for snap elections. “We love Italy and we consider it worthwhile to try this experience,” Zingaretti told reporters. Speaking shortly afterwards, Di Maio said: “We made commitments to the Italians...and come what may we want to fulfil them.”In an early, basic draft of a coalition policy platform, the two sides would ask the EU for flexibility on the 2020 budget deficit to “reinforce social cohesion” in the country, financial daily Il Sole 24 Ore said on Thursday.
Italian government bonds maintained their rally into Thursday, with the yield on 10-year debt trading around an all-time low it touched on Wednesday..
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