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TEHRAN, Feb 05 -Italy’s coalition parties, the League and 5-Star Movement, have agreed that euro-sceptic EU Affairs Minister Paolo Savona should be the next head of Consob, the country’s market watchdog, League sources said on Tuesday.
TEHRAN, Young Journalists Club (YJC) -The nomination still must be ratified by Italian President Sergio Mattarella, who last year refused to let Savona become economy minister, fearing his anti-euro views could undermine Italy’s international standing and upset financial markets.
However, a source in the president’s office said Mattarella had no objection to Savona, 82, taking the Consob post.
The top Consob job has been vacant since last September when the then-president, Mario Nava, resigned under pressure from the League and 5-Star because of his continued ties to the European Commission, where he had previously worked.
However, the two coalition parties have struggled to find a compromise candidate and Mattarella last week shot down a proposal that economist Marcello Minenna should take the post.
Newspapers have reported that Minenna, who is seen as close to 5-Star, is likely to become Consob secretary general.
If Savona gets the job, there was no immediate indication of who might replace him as EU affairs minister. A political source said Savona was frustrated by the position because it had only a limited budget and little effective power.
Source:Reuters
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