Cottarelli may pack it in
Carlo Cottarelli may not even try to form a caretaker government and instead call an election for July 29, according to ANSA.
The League and 5-Star had promised to obstruct a caretaker government and wanted elections as soon as possible.
Italian 10-year yields are up 52 basis points to 3.21% today in the biggest one-day move in years.
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