Italian Prime Minister Designate Giuseppe Conte has failed to meet his mandate to form a new government after the President refused to endorse a vocal EU critic for the minister of economy position.
Mr Conte and Italian President Sergio Mattarella met on Sunday to discuss a proposed list of cabinet members in what would have been Italy’s first populist government.
The President refused to install the proposed minister of the economy as he said he could push Italy out of the Eurozone and alarm markets.