Italy's deputy premiers Salvini and Di Maio, governing partners for the past year, have not been on speaking terms for weeks. But under pressure from the European Union over the country's giant debt, they are trying to find a way out, as an EU deadline looms July 9
In the words of Premier Giuseppe Conte, the latest Fitch Ratings signal the "solidity" of the Italian economy. And to maintain that solidity requires the country's continued support of the European Union, adds Mario Draghi, president of the European Central Bank (BCE).
Major elections take place only next May in the 27 EU member states, including Italy. But already political voices are being raised in Italy these days, from the rubbish pile-up to the pile-up of the national debt.
After days of being rocked by post-Brexit shock waves, the Italian stock market rebounded a percentage point more or less across the board. But the fact remains that the "Brexit" referendum vote has fallout effects that could become devastating for Italy.
The flood of migrants pouring into Italy shows no sign of abating, and Italy is appealing to the European Union for assistance. Instead France, for one, has closed its border with Italy at Ventimiglia, leaving refugees to sleep in train stations and on rocks on the beach. The political fallout for Italy has far-reaching consequences.