Recall that, in a breathtaking attack on Italy’s democracy, the nation’s President Sergio Mattarella vetoed formation of the coalition government that hard-Left 5Star Movement and hard-Right League, as the two winners of Italy’s elections, had formed because Mattarella didn’t like the coalition’s choice for Economics Minister, Paolo Savona. Mattarella held Savona personally unacceptable over the latter’s disdain for the euro and for the European Union.
5Star and League have formed a new coalition, and it seems that Mattarella has approved the new coalition. The coalition’s Econ Minister will be Giovanni Tria, an economist from the Tor Vergata University. Tria has “criticized the eurozone, saying it had failed to achieve the convergence of the different economies;” he doesn’t seem that far from Savona’s position or from the coalition’s, just perhaps a bit more politic in expressing it.
Also, far from being banished to the sticks, Savona also will get a position in the new government: Minister for European Affairs. The position has no formal portfolio, but he’ll still be in a position of influence and in the venue for which he was found ill-suited by Matterella.
Maybe Mattarella is figuring out that he’s President of Italy, not a mucky-muck of the EU.