mr. dimaio and mhis counterpart decide in the next few hours. they are talking before who will be probably the next prime minister and i don't know who will be the next prime minister, but i am sure it will be somebody who will have a clear perspective, somebody who will keep in a clear way the traditional italian position considering historic and alliances -- i mean, the perspective of italy will be kept and i think also the new prime minister will be somebody having an institutionalist experience maybe. and also a political understanding because these will be a political government. not a government made by the technical class. i think the two leaders would very much like to have a concrete approach, vis-a-vis concrete problems for the italian population, and for the italian future no doubt under the very tentative active of monitoring institutional and constitutional prerogative of the president, very soon we'll have a new government that will be in line with the historical position of my country in the european and euro-atlantic framework. >

mr. dimaio thank you very much. if you have views on this, please feel free to get in touch on twitte twittertwitter, @streetsignscnb. >>> coming up, tariffs are not the answer we hear from the secretary-general of the oecb first on cnbc as u.s. and european trade officials prepare to meet in paris happy anniversary dinner, darlin'. can this much love be cleaned by a little bit of dawn ultra? oh yeah one bottle has the grease cleaning power of three bottles of this other liquid. a drop of dawn and grease is gone. the first survivor of ais out there.sease and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. >>> welcome back to "street signs. it's not a pretty picture across europe looking at the stoxx 600, it's down a sea of red for the majority of those stocks looking at individual indices, all four in the red. the ftse 100 down almost 1%. the xetra dax down 1.5%. the cac 40 down 1.63%. the ftse mib is down nearly 3% at this stage. that has

very reasonable on trying to have a balanced and reliable government and also mr dimaio. was very good there with the greedy corporate it in a right way and now what we see is the undeclared the power because what sylvia said is that there are some. mysterious. powers behind the scenes that are are taking over and rooms and the day he didn't see but whatever with think is there like a little or somehow obliged to stop the government and this is something to that it's really really unusual for the you know the mokka see and and. people who don't will not accept a very easy what happens next we're likely to have parliamentary elections. well now we just knew a few minutes ago that. doesn't matter well i give them mandated to me so quarterly who is of the commission a very well known in the. world and he will try to make what hughes called the government of the president but the chance that he can find a majority in the parliament so far not existence because both more movement and the league will not accept to support a new government because they will lose all the credibil

mr. dimaio saying he would like early elections.hallenge there was getting them done before june 24th, that's the last possible date before the italian congress goes into recess. he is saying he would like a new government in place at that point to pass that 2019 budget whether he will get a deal seemingly looking distance at the moment remains to be seen. >>> and paddy power shares are under pressure after first quarter earnings fell 6% as new betting taxes, levees and start up losses in the u.s. weighed on results. but the company is more optimistic on the full-year and has forecasted something between a slight decline and a 5% increase the bookmaker announced it would start share buybacks and return 500 million pounds to shareholders within the next 18 months >> you love a good share buyback. >>> vivendi will decide on the future of its universal music group in a board meeting the idea of listing the unit separately has previously been floated. vivendi covers artists like the beatles, taylor swift and rihanna. >>> ocado shares ar

mr. salvini's regular rhetoric about putting italians first. i did -- luigi dimaio also commented last night to answer some critics, here what i did mayo said >> there will be a political government it will be a government that puts at the center political questions. maybe i want to say also on an international level, let us get to work first and then criticize us you have every right to do so but let us start first >> the challenge for any prime ministerial candidate here is marshaling these different political forces and trying to enact any kind of real agenda. >> yes when you look at the market reaction there are concerns among investors about that as well >> we are joined by valentin marinof from credit agricole great to see you >> great to see you again. >> a lot of concerns around italy. on the equity side we see a bit of a rebound, but looking at the yield environment, you're looking at the euro what are you watching in terms of the next steps of the coalition talks >> it's about the fiscal -- first of all, the ability of the populist parties to form a govern