Tags: EU | Italy | Politics | The | Latest

The Latest: EU Official Has Confidence in Italian President

The Latest: EU Official Has Confidence in Italian President

Monday, 28 May 2018 04:38 AM EDT

ROME (AP) — The Latest on Italy's political crisis (all times local):

10:30 a.m.

The European Union's foreign policy chief says she has full confidence in the Italian president, who vetoed the proposed economy minister of what would have been Western Europe's first populist government.

Federica Mogherini says she's convinced that President Sergio Mattarella was serving the Italian people and the EU by forcing the end of the proposed 5-Star Movement-League government.

In a statement, Mogherini said that "I have full trust, as I believe all Italians have in the Italian institutions, starting with the Italian president. That is the guarantor of the Italian Constitution."

She continued: "I am confident that the Italian institutions and the president of the republic will prove to be as always serving the interests of the Italian citizens that by the way coincides also with the strength of the European Union."

10:20 a.m.

Germany's deputy foreign minister says he hopes there will be a "stable, pro-European" government in Italy soon, but has acknowledged that his country is in no position to offer advice after its own long-drawn-out effort to form a new administration.

Michael Roth told reporters in Brussels that Italy, a founding member of the European Union, has always been a reliable and integration-friendly partner. He said that "we expect Italy to do justice to this proud tradition in the future."

Roth said he doesn't want to discuss the constitutional situation, but "we hope that there will be a stable, pro-European government in Italy without delay."

He added: "We in Germany should hold back somewhat with advice on forming a government. We needed six months to form a new government."

9:20 a.m.

All eyes are on Italian President Sergio Mattarella after he vetoed the proposed euroskeptic economy minister of what would have been Western Europe's first populist government.

News reports said Mattarella would convene the former International Monetary Fund official, Carlo Cottarelli, to the presidential palace and ask him to form a technical government that can lead Italy until early elections.

Markets have largely welcomed Mattarella's decision to put an end to the proposed government of the anti-establishment 5-Star Movement and right-wing nationalist League, which had insisted on Paolo Savona as economy minister. Savona has questioned whether Italy should ditch the euro as its currency.

The spread of points between Italy's bonds and benchmark German bonds, which had grown alarmingly last week, fell early Monday.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The Latest on Italy's political crisis (all times local):10:30 a.m.The European Union's foreign policy chief says she has full confidence in the Italian president, who vetoed the proposed economy minister of what would have been Western Europe's first populist...
EU,Italy,Politics,The,Latest
400
2018-38-28
Monday, 28 May 2018 04:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved