Italy's PM-designate sees possible new government headed by politicians - Ansa

GETTYFive Star Movement's leader Luigi Di Maio called the president's choice'incomprehensible

Italy has been in the throws of political uncertainty for nearly three months after inconclusive March elections, rocking financial markets and spreading unease among its euro partners.

The anti-establishment 5-Star Movement and the right-wing League party are swearing in their Cabinet later Friday, capping a roller-coaster week of political and financial turmoil by agreeing to drop a proposed economy minister who had concerned Italy's president.

But by Thursday night, 5-Star leader Luigi Di Maio and League leader Matteo Salvini found the compromise that earned them President Sergio Mattarella's blessing to form a government.

Giuseppe Conte addresses the media at the Quirinale presidential palace in Rome, Thursday, May 31, 2018.

The center-right alliance grouped the League with ex-Premier Silvio Berlusconi's Forza Italia and the smaller right-wing Brothers of Italy.

Republic Day commemorates the day, June 2, 1946, when Italians voted in a referendum to abolish the monarchy in favor of a republic, Italy's first.

On Friday, the 5-Stars' clinched their quest for national power, after five years in Parliament as the largest opposition party.

"Look at this spectacle!" marveled 5-Star leader Luigi Di Maio moments before the swearing-in ceremony.

The coalition will be headed by Prime Minister Giuseppe Conte, an untested political figure.

Deputy premier Di Maio, who is serving as economic development minister, also took to Facebook, calling for "entrepreneurs to be left alone".

After the swearing-in, Salvini told reporters his first order of business would be to "reduce the arrivals and increase the expulsions" of migrants, as well as the costs associated with their care.

"We're not Martians, and we'll prove it", said the premier, who in a play on his law professor profession promises to be the "defense lawyer" of the Italian people in an "Italians first" government. He heads Sunday to Sicily, the destination for most of the hundreds of thousands of migrants who have arrived in Italy in recent years after setting off on smugglers' boats from lawless Libya.

The two parties together won a narrow majority in elections on March 4.

Veneto's governor and former Minister of Agriculture, Luca Zaia, also slammed Mattarella's decision to block the new government as "a pretext to stop the wind of change that was identified during the elections".

French far-right leader Marine Le Pen tweeted: "Bravo to the coalition".

Nigel Farage, former leader of Britain's UKIP party that played a key role in the Brexit campaign for Britain to leave the European Union, wished good luck to the two leaders. Nigel Farage, a British force behind the successful Brexit movement, advised Italy's populists to "stay strong or the bully boys will be after you".

Salvini has branded as "racist" advice from European Commission President Jean-Claude Juncker for Italians to work harder and be less corrupt instead of blaming their woes on the EU.

"We are not yet at the point where investors refuse to lend money to Italy", said Roberto Coronado of PineBridge Investments. "That means more work, less corruption", he said. Seriousness", he said. "We will help them, as we always did. "Banners featured images of a crossed-out European Union flag and "#exIT" written underneath, a reference to calls for Italy to leave the 28-nation bloc.

League leader Matteo Salvini, meanwhile, had a series of rallies in northern Italy.

Andreeva said: "We have full confidence in the capacity and willingness of the new government to engage constructively with its European partners and EU institutions to uphold Italy's central role in the common European project". "The sooner we vote the better".

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