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Italy's Conte gets green light to form new government
Italy’s president asked Giuseppe Conte to head up a coalition of the 5-Star Movement and opposition Democratic Party (PD) on Thursday, a move could that could improve in Italy’s fractious relations with the European Union. video Markets welcomed the quick end to a three week political crisis triggered by League leader Matteo Salvini, who pulled his hard-right party out of its governing alliance with 5-Star after weeks of public bickering. Salvini had wanted fresh polls to capitalize on his party’s success in European elections but his plan backfired as 5-Star and the PD, lagging the League in opinion surveys, ... (full story)