Italian parties were due to meet on Monday to decide whether to reconvene parlia...
ROME - Italian parties were due to meet on Monday to decide whether to reconvene parliament immediately, with signs that some are trying to thwart far right League leader Matteo Salvini’s attempt to force a new election.
He is betting his own surging popularity and ebbing support for 5-Star could deliver him an election victory. But the plan could backfire if other parties team up to oppose it, perhaps by luring 5-Star into forming a new coalition. Luigi Di Maio, the 5-Star leader, arrived stern faced at parliament on Monday morning for talks with his own senators ahead of the meeting, declining to comment. He has accused Salvini of taking voters “for a ride”.
On stage during a rally in Syracuse he became involved in a slanging match with protesters. He said those working to avoid an election were “afraid of the Italian people,” before saying passionately he was ready to “give his life” for Italy. Salvini’s move to ditch the coalition raised the government’s cost of borrowing and sparked a sell-off in shares. On Monday the spread between Italian benchmark bonds and safer German Bunds stood at 235 basis points, up three points on the day. It had hovered for weeks around 200-205 points before Salvini’s decision on Thursday.
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