Matteo Salvini and Luigi Di Maio’s announcement averts prospect of new snap election

Italy’s two populist parties have reached a new agreement to form a government, days after a standoff with Italy’s president over their stance on the euro abruptly ended an initial bid to assume power.

A joint statement by the anti-establishment Five Star Movement (M5S) and the far-right Lega announced that political newcomer Giuseppe Conte, who had been seen as a controversial choice, was still slated to serve as prime minister. The relatively unknown law professor was due to meet Italy’s president, Sergio Mattarella, on Thursday night.

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