According to CNBC, Italy’s Five Star Movement and League parties have agreed on the next Prime Minister candidacy, which they believe will help restore the political structure of Italy.
At present, the leaders of both parties, Luigi Di Maio and Matteo Salvini, have chosen Giuseppe Conte, a professor of private law, as new Prime Minister of the country. The lawyer is not a well-known person in political and public life, experts emphasize.
A professor, working in an educational institution in the Appula region in the southeast of Italy, graduated from the La Sapienza University of Rome, where he studied law. He improved his qualifications in various educational institutions of the world, including Yale University, Duquesne University, International Institute of Culture in Vienna, French Sorbonne, Cambridge, and New York University. According to estimates of national media representatives, Conte has extensive experience in business, as well as in administrative, financial, and civil law.
Earlier it was reported that European politicians and economists are afraid of unpredictable actions of the coalition government of Italy, which can provoke a crisis in the eurozone.
Italy has evoked fears of euro zone politicians for a long time due to a debt of 132% of GDP and slow economic growth. Experts believe that the presence of a coalition government may increase the public debt. According to Luigi Di Maio, Italy's major debt can be reduced by large investments and expansionist policies.
