Italy government: Leaders talk amid political crisis - BBC News - 0 views
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Reports suggest PM-designate Carlo Cottarelli may be stepping back from forming a technocratic government.
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The two big winners in that election - Five Star and The League - attempted to join forces on Sunday but abandoned efforts after President Sergio Matarella vetoed their choice of finance minister.
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Impeachment of three previous Italian presidents has been attempted but failed. Impeachment is approved by a simple majority of both houses of parliament, but the final decision rests with the constitutional court.
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His choice for prime minister, Mr Cottarelli, an ex-IMF economist, appears to have failed to secure support from major political parties and may not even bother to be sworn in.
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He appears to have suspended his own efforts to form an interim administration and could instead be giving Five Star and The League a second chance, says BBC Rome Correspondent James Reynolds.
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Investors are once again worried about the stability of the eurozone should Eurosceptic parties form the next government.
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The costs of servicing Italy's debt have risen, but the BBC World Service economics correspondent, Andrew Walker, says we are not yet near the levels of financial stress that were evident in the peak of the eurozone financial crisis in 2011-12.