Tag: political crisis

Paolo Gentiloni Picked to Replace Matteo Renzi as Italian PM

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Paolo Gentiloni, Italy’s foreign minister, has been chosen to replace Matteo Renzi as prime minister amid signs of a quick solution to the political crisis that has convulsed the eurozone’s third-largest economy during the past week.

After three days of consultations with parliamentary leaders of all stripes, Sergio Mattarella, Italy’s president, on Sunday summoned Gentiloni to the presidential palace in central Rome and asked him to form a government.

“I consider this a high honor, which I will carry out with dignity and responsibility,” Gentiloni said, according to the Financial Times.