Italian President Sergio Mattarella speaks to media. ‘What’s the Point?’Both Salvini and Five Star leader Luigi Di Maio reacted furiously to the president’s intervention on Sunday evening, with Di Maio blaming credit-rating companies for torpedoing the cabinet. On Friday, Moody’s put Italy’s credit rating on review for a possible downgrade citing risks to its fiscal strength from the government plan put forward by Di Maio and Salvini. Mattarella summoned Carlo Cottarelli, a former executive director of the International Monetary Fund, to his office on Monday. “I agreed to all the ministers except the finance minister,” Mattarella told reporters at the presidential palace in Rome.

Source: Mint May 28, 2018 08:03 UTC