ROME – Italy went into political turmoil on Sunday after the presidential veto of a Eurosceptic finance minister caused the apparent collapse of an attempt to form the first fully populist government in Western Europe.
Italians had entered the weekend, thinking that such a government could be out of power for just a few days. What they have received instead is what a large newspaper, La Repubblica, calls "an unprecedented clash of institutions."
President Sergio Mattarella – with referee-like powers to oversee government formation ̵
But Mattarella is more pro-European than the two populist parties that ask for his mandate, analysts say. His veto against Savona outraged the leaders of those parties who spoke on Sunday evening not about submitting new proposals for Mattarella, but to new elections.
Italian media speculated that Mattarella might in the meantime try to appoint a technocratic government. Reuters reported that Carlo Cottarelli, a former official of the International Monetary Fund, was summoned to a meeting on Monday to possibly help guide this effort.
After meeting Prime Minister-designate Giuseppe Conte on Sunday, Mattarella said he defended Italy's interests with his refusal and asked the parties – the far-right league and the anti-establishment Five Star Movement – for a candidate to hold the "Das Escape of the euro from Italy is provoked "
" Commitment to the euro is a choice of fundamental importance to the prospects of our country and our youth, "said Mattarella. "If you want to talk about it, we have to do it openly and with a thorough analysis."
Over the last few days, Italian bonds have collapsed and have increased the country's borrowing costs, and Mattarella said that this is "concretely" posing risks to the savings of our fellow citizens and Italian families.
In an interview with Che Tempo Che Fa, Five-Star Leader Luigi Di Maio said he "asked for Mattarella's removal."
"I'm very angry," said Di Maio. "But that does not stop there."
Four days earlier, Conte, a little-known academic, had been given the opportunity by Mattarella to set up a list of ministers and form a government, and the parties that selected Conte as prime minister had In recent weeks, a platform for a new government has been created, and although both parties have at times signaled their opposition to the euro, the exit has not been mentioned in the final version of their proposed platform.  This platform called for spending plans that could potentially end the debt Country and collided with the fiscal rules of the European Union, terrifying the markets, Italy has one of the highest European debt ratios and has been dealing with various austerity measures for several years.
"What a bad day for Italy and democracy," wrote league chief Matteo Salvini on Sunday evening on Facebook. "Everything was prepared, and I too was prepared to deal with immigration and security, but today someone said no, the government of change could not be born, the lords of [bond] Spread and banks, the ministers of Berlin, Paris and Brussels disagreed, anger, many, fear, zero, we will change this country together, I do not give up friends, I'm counting on you Italians first! "
Di Maio asked what matters in the election "whether the rating agencies make the decisions".
The Five-Star Movement and the League were the two parties that had gained the most momentum in the unsettled elections of March 4, bringing together more than half of the votes. Surveys in Italy suggest that support for the parties has either remained stable or grown. But they are Tor-Crasher in Italy's national politics, and on Sunday, former Democrat Democrat PM Matteo Renzi wrote that Di Maio and Salvini had taken Italy hostage "for three months".
They should govern, but they are beyond their responsibility: Either they are not capable or they are afraid, "he said." In recent weeks, they have burned billions of savings of Italians, with clumsy statements about the Euro, over our debts, about the future. And today they are not attacking the President of the Republic, as they could easily have done, but are calling on the President of the Republic.