It is going to be a long, hot summer in Italy. With efforts to form a populist government breaking down amid acrimony and recriminations on Sunday, the country is likely heading for fresh elections in September or October.
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Long-suffering Italians, who had thought that a new government consisting of the Five Star Movement and The League was on the cusp of being announced after more than 80 days of post-election deadlock, now face months more of electoral campaigning.
What happens now?
The hapless task of holding the fort in the meantime has been assigned to Carlo Cottarelli, a former International Monetary Fund economist who is nicknamed “Mr Scissors” for the public service cuts he proposed during…
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