Iran Press/Europe: Italy's President Sergio Mattarella asked Italian Prime Minister Giuseppe Conte to head up a coalition of the 5-Star Movement and opposition Democratic Party (PD) on Thursday, a move could that could improve Italy's fractious relations with the European Union, reported Reuters.
Markets welcomed the prospect of a quick end to a three-week political crisis triggered by League leader Matteo Salvini, who pulled his hard-right party out of its governing alliance with 5-Star after weeks of public bickering.
Salvini had wanted fresh polls to capitalize on his party's success in European elections but his plan backfired as 5-Star and the PD, lagging the League in opinion surveys, set aside their long-standing antipathy to form a government.
Conte, who told reporters he would present a cabinet list to the president in the coming days, said his priority was to draft a 2020 budget.
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