By Autumn, several million Italians will be left feeling disenfranchised. Could their minds be changed on Europe?by Alessio Colonnelli / May 30, 2018 / Leave a comment
On Sunday 27 May, we had a practical example of what the job of a head of state in a parliamentary republic is like. Italy’s president Sergio Mattarella made it clear he isn’t just a notary when he refused to accept the new populist coalition’s pick for economy minister, Paolo Savona.
Savona—a former Bank of Italy director, university professor and erstwhile industry minister—is a renowned anti-EU theoretician, although he has toned down his criticism a bit over the past couple of days and even issued an open letter as proof of his newly-found moderation.
Mattarella’s requirement was clear and simple, and was given with plenty of notice. The Sicilian statesman had one wish only: anyone but Savona.
The president defended his decision by claiming that the octogenarian professor would have been too much of a risk for Italian families and mortgage-paying workers, because his strong Euroscepticism could spark widespread uncertainty in the country’s economy.
Mattarella has always made it clear that Savona, the darling of far-right leader Matteo Salvini, would have been a constant worry in Europe as well as among international investors. Italy’s large public debt requires the country to keep servicing interests as low as possible, so that such a debt can remain sustainable—if only just.
Yet speaking on behalf of both the Five Star Movement (M5S) and the League, Salvini’s organization, prime minister in waiting Giuseppe Conte made it clear he wasn’t having any of it.