“This government contract binds two political forces that are and remain alternative, to respect and achieve what they promised to citizens,” Di Maio said, quickly sinking the euro as it headed for what would be its fifth straight weekly fall against the dollar since 2015.
Meanwhile, stocks in Milan hit their lowest level in a month as Italian investor fears, inexplicably dormant for months, finally reappeared.
Italian government bonds also retreated on Friday, sending 10-year yields to their highest levels in seven months as investors worried that the new ruling coalition was about to embark on a spending spree.
The two parties still need to pick a prime minister.
The full contract is below: .