Italy in political chaos after president vetoes FM nominee

May 28, 2018, 7:50 AM EDT

Calls to impeach Italy’s President Sergio Mattarella erupted after he vetoed the nomination of the Eurosceptic Paolo Savona for finance minister, citing economic risks that may result from any uncertainty among investors over the country’s position in the eurozone.

Mattarella’s decision foiled the bid by two populist parties to forge a coalition, setting Italy on course for second elections since March when no party could secure an absolute majority, writes the BBC.

The leaders of MS5 and Lega, the two populist parties that picked Savona for finance ministry, decried the president’s veto, calling it an interference by Germany, rating agencies and financial lobbies, notes The Guardian.