Indeed, both the M5S, which holds the largest number of seats in both chambers of parliament, and center-left opposition Democratic Party (PD) confirmed they were ready to negotiate in the next days to see whether they could agree on a common government program.

On Wednesday, PD leader Nicola Zingaretti announced that his party would be open to a possible deal with the M5S, but only on condition that five program points were respected, including "a loyal EU membership... a change in the country's (tough) migration policies, and a major shift in social and economic recipes."

On Thursday, after meeting the president, M5S leader Luigi Di Maio explained that his party did not want Italians to "pay for the crisis."

He said the M5S would be ready to form a new majority on the base of 10 requirements, including a cut in the number of lawmakers, the "sterilization" of a VAT increase, and a tax cut for companies making new hiring.

In his short statement, the head of state stressed that to call snap elections in this political phase, with domestic and international deadlines looming, was not an easy decision.

"This decision is not to be taken lightly, after just a little over a year of legislature, and while the Constitution provides for voters to be called to elect the parliament every five years," Mattarella explained.

However, the president noted, "the recourse to voters is necessary if the parliament is not able to express a government majority."

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