Euroskeptic Savona May Head Italy's Market Watchdog: Reports

Paolo Savona

Photographer: Giulio Napolitano/Bloomberg
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Italy’s European Affairs Minister Paolo Savona may be nominated to head the country’s market regulator Consob, major newspapers including La Repubblica reported.

The top job at Consob has been vacant since September, when the previous head, Mario Nava, was pushed out due to his ties to the European Union, which the populist government argued made him unfit for the role. Filling the job has become a point of contention for the coalition headed by Matteo Salvini’s League and the Five Star Movement led by Luigi Di Maio.