Far-Right Fall From Power
Conte vows more united Italy
ROME, Aug 29: Italy's premier-designate Giuseppe Conte said on Thursday his new coalition would lead a "more united, inclusive" country after a deal was struck which cuts the anti-immigrant far-right out of power.The anti-establishment Five Star Movement (M5S) and the centre-left Democratic Party (PD), once bitter foes, agreed Wednesday to govern in coalition in order to stave off snap elections in the eurozone's third largest economy.
"We must transform this crisis into an opportunity," Conte said, insisting that Italy would once more become a key player in Europe after 14 months of a populist, anti-EU government.
The new government would create "a fairer, more competitive, more united, more inclusive country".
The soft-spoken former academic, who was chosen as a compromise prime minister last year, was handed a fresh mandate by the president and said he would take a few days for political consultations to ensure a parliamentary majority. Milan's FTSE Mib was up 2.0 percent after his speech. -AFP