Markets Breathe Easier As Italy Government Sworn In
June 2, 2018
Italy’s new anti-establishment government was being installed on Friday, calming markets spooked by the possibility of snap elections that might have become a de facto referendum on quitting the euro.
President Sergio Mattarella was due to swear in Prime Minister Giuseppe Conte, a little-known law professor, and a cabinet that includes the two coalition party heads, the League’s Mateo Salvini and Luigi Di Maio of the 5-Star Movement.