Italian pres. tasks economist to form stopgap gov’t

ROME, Italian President Sergio Mattarella has asked a former senior director at the International Monetary Fund (IMF) to head a technocrat government that would lead the country into snap elections.

Mattarella summoned Carlo Cottarelli for talks on Monday, appointing him as interim prime minister with the task of forming a stopgap administration that would set the stage for early elections, his office said in a statement.

Cottarelli, a prolific economist, explained that if he manages to win the confidence of parliament, his interim government would get to work right away on passing the 2019 budget by the end of the year.

Meanwhile, without the confidence of parliament, elections could be held as early as September, Cottarelli pointed out.

Italy, the Eurozone’s fourth biggest economy, has been without a government since elections in March because no political group can form a majority.

Source: Kuwait News Agency