Mattarella’s decision set off a chain of events that roiled Italian markets: Conte resigned as prime minister-in waiting and new elections appeared to be imminent, worrying markets and officials in Brussels. Their concern was that new elections could strengthen populist gains in Italy, leading to even greater uncertainty about the country’s future in the eurozone.
If your finance minister threatens the EU and the euro then you can’t have him. But if having elections to sort this out threatens the EU and the euro then we’ll change tack so you don’t have them.
There’s a little batsqueak somewhere telling me this isn’t quite how democracy should work really.