Who is Pier Carlo Padoan? Could the technocrat replace Renzi after his referendum defeat?

Luigi Scazzieri, a fellow at the Centre for European Reform, said that the President Sergio Mattarella will explore options for a new Government “based on the current composition of the Parliament”. 

He said: “Mattarella will probably give the mandate to form a new government to an experienced politician such as economics minister Pier Carlo Padoan or Senate President Pietro Grasso.” The European foreign policy expert highlighted Italy’s banking crisis, the need to amend a new electoral law and the rise of the anti-establishment Five Star Movement. But he said “Such high stakes should help convince Italy's mainstream parties to form a new Government. Early elections are still possible, of course, if a new Government cannot be formed.”