Italian financial markets have been in turmoil as the country awaits news about whether an unknown law professor without any political experience will be named as the next prime minister. Conte still requires the blessing of Italy’s president, Sergio Mattarella, who met with Salvini and Di Maio on Monday evening. “There are a lot of worries: it is the first country in the eurozone with a populist government,” he said. Di Maio has been touted as labour minister. Between them, M5S and the League won more than 50% of the vote in an election in March.

Source: The Guardian May 21, 2018 09:21 UTC