According to Lorenzo De Sio, head of the Italian Center of Electoral Studies at Rome's LUISS University, while the partners in the new coalition do not see eye to eye on everything they probably have more in common than the Five-Star Movement did with the League.
Furthermore, De Sio said, having the League outside the government will make the government's first big hurdle -- drafting the country's 2020 budget plan -- easier.
"With the League out of the picture it means they can disregard its biggest priority, the flat tax that would have reduced government revenue significantly," Di Sio said in an interview.
"The previous coalition was one that had conflicting priorities: the League wanted to reduce taxes and the Five-Star Movement wanted to increase services, with initiatives like the minimum citizen's income," Di Sio went on. "At least the new government will have similar beliefs in this regard."
Markets did react positively to the news that Mattarella gave Conte a mandate for a government based on an alliance between the Five-Star Movement and the Democratic Party.
The blue-chip index on the Italian Stock Exchange climbed and the yield on Italian government debt sold on secondary markets headed lower, a sign of increased investor confidence.
The next order of business for Conte will be to select a slate of government ministers to present to Mattarella next week. With the president's approval, the new government will be installed and will start work on the 2020 budget.
【国际英语资讯:News Analysis: Italian PM Conte gets started on his second stint as top mediator】相关文章:
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