Luigi Di Maio

ROME | Italian populist leader ‘guarantees’ nation won’t exit euro

ROME— The head of one of Italy’s ruling parties says he guarantees that Italy won’t exit the euro currency bloc nor exceed its targeted deficit limit. Deputy Premier Luigi Di Maio, a coalition leader in the populist government, told reporters Friday that domestic spending cuts plus economic growth spurred by public investment will keep the … Continue reading ROME | Italian populist leader ‘guarantees’ nation won’t exit euro

ROME | Italy’s economy minister insists abandoning euro not planned

ROME (AP) — Italy’s new populist government isn’t entertaining plans to leave the eurozone, the economy minister insisted in an interview while dismissing financial markets’ rocky reaction to the euroskeptic coalition now running the country as “normal questions that accompany political transition.” Economy Minister Giovanni Tria told Italy’s national Corriere della Sera newspaper in the … Continue reading ROME | Italy’s economy minister insists abandoning euro not planned

ROME | The Latest: Italian League chief: No need to fear populists

ROME (AP) — The Latest on talks to form a government in Italy (all times local): 8:15 p.m. Right-wing leader Matteo Salvini says other European nations have no reason to worry about Italy’s soon-to-be-born populist government. The League party chief and fellow euroskeptic leader Luigi Di Maio, of the 5-Star Movement, told Italy’s president Monday … Continue reading ROME | The Latest: Italian League chief: No need to fear populists

MILAN | Italian stocks and bonds roiled by populist program

MILAN (AP) — Italian financial assets were hit hard Friday after the anti-establishment 5-Star Movement and the right-wing League party unveiled a program that could clear the way to Italy’s first populist government. The platform includes a rollback on pension reform, a minimum salary for struggling Italians and the introduction of a flat tax, which … Continue reading MILAN | Italian stocks and bonds roiled by populist program

Populist parties surge in Italy vote, mainstream suffers

ROME /March 05, 2018 (AP)(STL.News) —Two populist and stridently anti-European Union parties surged in Italy’s parliamentary election at the expense of the country’s traditional powers, but neither attracted enough support to govern alone, near-final results showed Monday. With no faction winning a clear majority in Sunday’s vote and the leaders of the rival populist parties … Continue reading Populist parties surge in Italy vote, mainstream suffers