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Italy forms new goverment with populist 5-Star and Democrats

Key Points

  • 5-Star supporters vote 79.3 per cent in favour of new government
  • 5-Star, PD draw up 26-point government programme
  • Parties promise to cut taxes, boost spending
  • Markets rise on hopes coalition will take office
  • Focus on who will get key post of economy minister 

Rome | Members of Italy's anti-establishment 5-Star Movement overwhelmingly backed a proposed coalition with the centre-left Democratic Party (PD) on Tuesday (Wednesday AEST), opening the way for a new government to take office.

In an online ballot, 79.3 per cent of 5-Star supporters voted in favour of joining forces with the PD, their long-time political adversaries, while 20.7 per cent opposed the alliance, party leader Luigi Di Maio told reporters.

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Reuters

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    Original URL: https://www.afr.com/link/follow-20180101-p52npy