Italy's 5-Star Movement makes first overture to PM Renzi

Leader of the Five Star Movement and comedian Beppe Grillo speaks during an election campaign rally for European parliament elections in Rome May 23, 2014. REUTERS/Remo Casilli

ROME (Reuters) - Italy's anti-establishment party, 5-Star Movement, said it was willing to drop its opposition to working with Prime Minister Matteo Renzi over electoral reforms if its own proposals are considered.

The 5-Star Movement (M5S), led by former comic Beppe Grillo, had rebuffed repeated calls to work with other parties to reach a broad-based agreement on overhauling Italy's widely criticised electoral system.