The Presidential Daily Brief

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    Italy’s Political Turmoil Could Have Consequences for Euro

    After the euroskeptic prime minister-elect proved unable to form a government and stepped down, Italian President Sergio Mattarella chose euro defender Carlo Cottarelli as a replacement. Now the populist 5-Star and League parties say Mattarella’s ignoring the will of voters — and any government formed by Cottarelli, should he manage it, will likely only last until September elections. Meanwhile, Italy’s economic sluggishness has made the euro itself a target, and the country’s continuing eurozone membership is likely to be a major battleground in the next campaign.

This story is part of The Presidential Daily Brief

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