Italy's president set the country on a path to fresh elections on Monday (28 May), appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and passing the next budget.
This year’s “State of the Union” conference opened in Florence on Friday (11 May), coinciding with the news that Italy is likely to get a coalition government of two Eurosceptic forces, both keen on leaving the eurozone. Speaking at the event, European Parliament President Antonio Tajani strongly warned Italy against exiting the euro.
The anti-establishment 5-Star Movement and far-right League have made "significant steps" towards forming a government, the two parties said Thursday (10 May) as Italy looked to end nine weeks of political deadlock.
The leader of Italy's right-wing Northern League said yesterday (7 February) his party was preparing the ground to leave the euro zone and called the euro a "German currency" which had damaged Italy's economy.
Silvio Berlusconi said yesterday (9 January) that Italy must not leave the euro but his main coalition partner immediately disagreed, underlining policy differences in the centre-right bloc which is expected to take most seats in an election in March.