ROME (AFP) - Wednesday (Aug 28) is D-Day for fraught negotiations to form a new Italian government, failing which the eurozone's third largest economy will be forced to hold fresh elections.. Read more at straitstimes.com.
ROME - Wednesday is D-Day for fraught negotiations to form a new Italian government, failing which the eurozone's third largest economy will be forced to hold fresh elections.
After a day of rollercoaster talks Tuesday , the two sides appeared on the brink of a clinching a deal. They are set to meet again on Wednesday. The clock is ticking to ease the political turmoil, with Italy under pressure to approve a budget in the coming months. If the PD and M5S cannot form a solid majority, the president is expected to call an early election for November.
A key sticking point in the PD-M5S courtship appeared to be what cabinet role to offer the Movement's leader Mr Luigi Di Maio, who held the deputy prime minister and economic development minister posts in the moribund coalition.
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