Italy mulls new government solution to calm market turmoil

  • Premier-designate Carlo Cottarelli, center, gets in a car as he leaves his hotel, in Rome, Wednesday, May 30, 2018. Cottarelli has returned to the presidential palace for informal consultations amid continued market turmoil and uncertainty about the prospects of his proposed government. (Angelo Carconi/ANSA via AP)

ROME — Italy’s premier-designate said Wednesday that “new possibilities” had emerged to form a government, and that he wanted to give the option a chance given that the prospect of new elections roiled global markets this week.