What is Italy's political crisis all about? - BBC News
Nice to see democracy in action...
Italy is embroiled in a power struggle between Eurosceptic populists - winners of the March election - and pro-EU establishment politicians.
It took weeks of negotiations for a populist coalition to take shape, but the president has controversially vetoed it, so Italy is now back to square one.
It took weeks of negotiations for a populist coalition to take shape, but the president has controversially vetoed it, so Italy is now back to square one.
The new prime minister-designate, Carlo Cottarelli, is an International Monetary Fund (IMF) veteran close to Brussels technocrats, solidly pro-euro and pro-austerity. He is known in Italy as "Mr Spending Review" and "Mr Scissors"
This stand-off is new territory for Italy, because populists won an unprecedented popular mandate to govern - the first time they have achieved that since WW2.
So the proposed caretaker government will have to tread carefully. Mr Cottarelli says new elections will be held in early 2019, or after August if he fails to survive a confidence vote. The latter appears the most likely.
So the proposed caretaker government will have to tread carefully. Mr Cottarelli says new elections will be held in early 2019, or after August if he fails to survive a confidence vote. The latter appears the most likely.
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