The Presidential Daily Brief

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    Europe Braces for a Populist Italy

    After an inconclusive election left Italian politicians floundering without a government, the continent — and Wall Street — shuddered with the prospects of new elections and Italy flicking its chin at the eurozone. But on Friday, two leading parties, populist Five Star and right-wing Lega, cobbled together a government that won the approval of President Sergio Mattarella, who swore in Prime Minister Giuseppe Conte. Roiling stock markets stabilized on the news, but Europe won’t be the same, especially with a new Italian interior minister vowing to deport hundreds of thousands of undocumented immigrants.

This story is part of The Presidential Daily Brief

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