Italian President Sergio Mattarella has appointed IMF official Carlo Cottarelli as the interim prime minister tasked with forming a new government.
The PM said elections will be held no later than August unless he wins the confidence of parliament.
President Mattarella announced his choice Monday, having diluted the deal between two Eurosceptic parties who had collective majority in the March elections and had since dedicated themselves to forming a new government.
READ MORE: ‘President undermines election results, pushes for his own govt.’ – MP from Italy's M5S
The newly-appointed PM Cottarelli vowed to establish a new government "very quickly" to take the country through this period before fresh elections are held in the fall of 2018 or early next year. "I'll present myself to parliament with a program which – if it wins the backing of parliament – would include the approval of the 2019 budget. Then parliament would be dissolved with elections at the beginning of 2019," Cottarelli said shortly after being named interim prime minister.
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