Paolo Gentiloni, Italy’s foreign minister, has been chosen to replace Matteo Renzi as prime minister amid signs of a quick solution to the political crisis that has convulsed the eurozone’s third-largest economy over the past week.
After three days of consultations with parliamentary leaders, Sergio Mattarella, Italy’s president, summoned Mr Gentiloni to the presidential palace in central Rome yesterday and asked him to form a government. Mr Gentiloni accepted in a brief statement.
Italy was plunged into political uncertainty last week after voters rejected constitutional reforms championed by Mr Renzi by an overwhelming margin of 20 percentage points in a referendum on which he had staked his tenure in office.