Italy government reaches deal on top posts after market wobble


  • World
  • Friday, 20 Jul 2018

FILE PHOTO: Italian Economy Minister Giovanni Tria attends his first session of the Lower House of the Parliament in Rome, Italy, June 6, 2018. REUTERS/Tony Gentile/File Photo

ROME (Reuters) - Italy's coalition government, facing market turbulence over reports of internal divisions, finally agreed on Friday who should fill two key positions which carry great influence over the economy.

The deal will see Fabrizio Palermo become CEO of powerful state lender Cassa Depositi e Prestiti (CDP) while seasoned civil servant Alessandro Rivera will take on the role of director-general of the Treasury, political sources said.

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