Italian President Sergio Mattarella is beginning a two-day round of consultations with parties on Wednesday to explore whether it is possible to form a government.

Giuseppe Conte resigned on Tuesday, ending a 14-month coalition government between the Five Star Movement (MS5) and Lega, after Matteo Salvini moved on Aug. 8 to withdraw his parliamentary support.

Politicians from MS5 and the Democratic Party (PD) are openly discussing the prospect of a new coalition. Financial markets rallied ...

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