Italian leftist leader Matteo Renzi is to be nominated Italy`s youngest-ever prime minister on Monday after a daring power grab that has been welcomed by investors but has left many Italians skeptical.
Matteo Renzi is one step from becoming Italy`s youngest-ever prime minister after swiftly dispatching Enrico Letta in a party coup, but the manner of his political triumph could make it harder to carry out the bold reforms needed to resurrect the economy.
Italy`s parliament on Tuesday rejected a bid by the anti-establishment 5-Star Movement to impeach President Giorgio Napolitano, but opposition lawmakers kept up their attacks on the 88-year-old head of state.
Silvio Berlusconi fought to hold his fractious center-right party together on Tuesday a day before a showdown in the Italian parliament that will decide whether Prime Minister Enrico Letta can survive in office.
Italy`s 87-year-old President Giorgio Napolitano was re-elected by lawmakers on Saturday in a desperate bid by right and left to end a two-month deadlock, a move slammed as a "coup" by a protest party.