ROME: Wednesday (Aug 28) is D-Day for fraught negotiations to form a new Italian government, failing which the eurozone's third largest economy ...
The anti-establishment Five Star Movement and the centre-left Democratic Party have been trying to create a new workable coalition, despite having been bitter enemies until just a few weeks ago.
If it fails to do so it could face an automatic rise in value-added tax that would hit the poorest families the hardest and could plunge the debt-laden country into recession.He has insisted the crisis be resolved quickly, though he could give parties a bit more time for last-minute wrangling. Salvini has said he hopes Mattarella will not allow the"horse-trading to go on much longer", accusing the PD and M5S of spending their time"negotiating ministries" rather than working out a plan for the country.
Sources in the PD were quoted by Italian media as saying Di Maio wanted the deputy prime minister post in a new coalition - something the centre-left party has so far ruled out.
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