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Italy’s Meloni Scrambling to Fill Key Posts With Clock Ticking

  • Meloni searching for a finance minister after Panetta refusal
  • Energy minister’s post is also uncertain amid winter crisis
Giorgia Meloni

Giorgia Meloni

Photographer: Piero Cruciatti/AFP/Getty Images

The composition of Italy’s incoming right-wing government, likely under Giorgia Meloni, is still far from certain with just a week to go before the opening of the new parliament.

The far-right leader is keen to form a credible cabinet to reassure investors and allies concerned about the country’s debt, an energy crunch and the potential failure to secure €200 billion of European Union funds. Moody’s Investors Services on Wednesday warned that delaying reforms needed to keep European money flowing and modernizing Italy’s economy may lead to a rating downgrade.