Italy's Cottarelli opens door to possible eurosceptic government


  • World
  • Tuesday, 29 May 2018

Former senior International Monetary Fund (IMF) official Carlo Cottarelli arrives for a meeting with the Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, May 29, 2018. Italian Presidential Press Office/Handout via REUTERS

ROME (Reuters) - Italy's two main anti-establishment parties could yet form a government, after the man nominated as interim prime minister said politicians, rather than technocrats like himself, might be able to steer the country out of deadlock.

Wednesday's development came as financial markets calmed after a rout a day earlier, when investor concerns about Italy's finances prompted the biggest one-day rise since 1992 in Italian two-year bond yields and dented the euro's exchange rate.

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