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Italy's 5-Star, League on Verge of Government Deal; Markets Shudder

Italy's two anti-system parties on Wednesday appeared on the verge of clinching a deal to form a coalition government after 10 weeks of stalemate, rattling markets with radical ideas to free up billions of euros for tax cuts and welfare.

The far-right League and the 5-Star Movement have been discussing a common policy agenda for a week after a March 4 election ended in a hung parliament.

"It would be crazy to give up at the moment of truth," League leader Matteo Salvini said in a live video stream on Facebook, adding...

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Published By: Africa.. - 4 days ago