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Italy’s 5Stars and League draft coalition deal leaked

5Stars' Luigi Di Maio | Ettore Ferrari/EPA

A government led by Italy’s populist 5Star Movement and far-right League would seek to renegotiate European treaties and call for a “radical reform” of the EU’s stability and growth pact, according to a leaked copy of the parties’ draft coalition agreement.

The 39-page document, dated May 14 and obtained by Huff Post Italy late Tuesday, also reportedly outlined plans to revise Italy’s EU budget contributions and request €250 billion in debt relief from the European Central Bank. Under current EU and Italian legal frameworks, most of the demands would prove difficult, or impossible, to carry out.

The agreement is part of ongoing negotiations between the two parties, which emerged as the biggest political forces in the March 4 election.

The parties stopped short of calling for Italy to leave the single currency bloc but said there should be an “opt out” system to exit in an orderly fashion if “the people so wish.” The document also stated the would-be government would call on Europe to drop sanctions against Russia.

Authors:
Gabriela Galindo

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