In this photo taken on Thursday, March 1, 2018, Giuseppe Conte, right, shakes hands with leader of the Five-Star Movement, Luigi Di Maio, during a meeting in Rome. (AP Photo/Alessandra Tarantino)
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Italy's president was tasked Tuesday with deciding whether to approve little-known lawyer Giuseppe Conte as prime minister of a coalition government set up by anti-establishment and far-right groups.Installing a prime minister is a key step in Five Star leader Luigi Di Maio and League chief Matteo Salvini's efforts to set up a joint government.Italy's 2.3 trillion euros of debt is 132 percent of its gross domestic product, the highest ratio in Europe apart from Greece.The EU forecasts that Italian public debt will remain at 130 percent of its GDP this year -- more than double the bloc's 60-percent ceiling.Hit hard by the 2008 global financial crisis, Italy has one of the eurozone's lowest growth rates.At the end of April the outgoing government estimated 1.5 percent growth for the year.
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