The former chief executive of carmaker Fiat-Chrysler, Sergio Marchionne, has died in hospital in Zurich aged 66. He was replaced four days ago when his health worsened following complications from surgery on his right shoulder.
A coalition government has been agreed in Italy, ending months of uncertainty in the EU's fourth-biggest economy. Prime Minister-designate Giuseppe Conte presented his list of ministers to President Sergio Mattarella for the second time in a week and the new government will be sworn in this Friday, June first.
Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an absurd comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.
Italy's president set the country on a path back to fresh elections on Monday, appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and to pass the next budget. The decision to appoint Carlo Cottarelli to form a stopgap administration sets the stage for elections that are likely to be fought over Italy's role in the European Union and the euro zone, a prospect that is rattling global financial markets.
The leader of Italy's biggest political party has called for the president to be impeached after he vetoed a choice for finance minister. Luigi Di Maio of the populist Five Star Party said President Sergio Mattarella had caused an institutional crisis.
President Sergio Mattarella on Monday suggested the formation of a 'neutral' government to rule until the end of this year after a third round of consultations failed to produce to way out of Italy's post-election political deadlock.
President Mauricio Macri met on Monday midday with his Italian counterpart, Sergio Mattarella, who is in Buenos Aires on the first official visit by an Italian president to Argentina in 16 years. The two leaders underlined the unique links between Italy and Argentina and announced the re-launching of diplomatic and trade relations.
State President Sergio Mattarella commissioned the 62-year-old Social Democrat to form a new government. Gentiloni said his nomination was a great honor, which he wanted to fulfill with consciousness of responsibility and dignity. It is unclear whether he will remain in office until spring 2018.
Calls mounted on Monday from populist and other opposition leaders for quick elections in Italy, seeking to capitalize on Premier Matteo Renzi's humiliating defeat in a referendum on government-championed reforms. But President Sergio Mattarella told Renzi to stay in office a bit longer until a critical budget law is passed. Some officials say Parliament could pass that law as soon as the end of the week.
Some 130 ministers, 12 heads of state or government, including presidents from Argentina and Chile, Cristina Fernandez and Michelle Bachelet, plus numerous other high-level government representatives will be converging on Rome this week for the 39th session of FAO (Food and Agriculture Organization) governing Conference (6-13 June).