The 5Star Movement and the League reached an agreement on Thursday with the President of the Republic Sergio Mattarella to form a government that will be led by new prime minister designate, Giuseppe Conte.

Over the last few days, the matter of contention between President Mattarella and the 5Star Movement-League coalition was the proposal for Eurosceptic economist Paolo Savona to be given the role of Minister of Economy. The clash put at risk the 5Star-Leage alliance, exemplifying the difficult balance between populists demands and needed institutional checks and balances.

Within the new compromise – emerging from a hectic day of talks and meetings – Savona will move to the Ministry of EU Affairs, while Giovanni Tria, a professor of political economy at University Tor Vergata in Rome, will be the new Finance Minister. The incoming Minister of Foreign Affairs will be Enzo Moavero Milanesi, a lawyer who served as Minister of EU Affairs within governments led by Marion Monti and Enrico Letta.

The leader of the 5Star Movement Luigi Di Maio and League’s Matteo Salvini will be both vice-premiers. Luigi di Maio will lead the Ministry of Economic Development, Labour and Social Policy, while Matteo Salvini will be Minister of Interior.

The new government will be sworn in today at 4pm, with a confidence vote in the parliament expected earlier next week.