domingo, 11 de dezembro de 2016

Paolo Gentiloni to be next Italian PM

Paolo Gentiloni to be next Italian PM
The current foreign minister is a close ally of outgoing leader Matteo Renzi.

By JACOPO BARIGAZZI 12/11/16, 10:46 AM CET Updated 12/11/16, 11:22 AM CET

Paolo Gentiloni is slated to be tapped by Italy’s president on Sunday to lead the next government in Rome.

Italian President Sergio Mattarella will meet the current foreign minister at 12:30 today, according to a statement from the president’s office, and is expected to ask him to become prime minister.

Gentiloni is expected to accept “with reserve,” as is normal in such situations, according to Italian media reports, and to try to form a new government in time for the next EU summit on Thursday.

A Roman aristocrat with a long career in politics, Gentiloni is close to the outgoing prime minister and ruling Democratic Party leader, Matteo Renzi.

Renzi resigned last week after losing a critical referendum on constitutional changes.

With Gentiloni installed as prime minister, however, Renzi would still exert some control over the political process, observers say.

The daily La Repubblica reported that Gentiloni will try to form a government in time for the next meeting of EU leaders in Brussels on Thursday.

Treasury minister Pier Carlo Padoan will retain his position, and Gentiloni will be replaced as foreign minister by Piero Fassino, a former minister, according to Italian media reports.

“I really go back home” Renzi wrote in a long post on Facebook.

The new government faces an immediate financial challenge in the wake of Friday‘s news that the European Central Bank had rejected a request from Italy’s ailing third-largest lender Monte dei Paschi di Siena for extra time to raise €5 billion to turn itself around.


Jacopo Barigazzi  

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