After weeks of political drama that at one stage seemed certain to lead to new elections, President Sergio Mattarella named Conte, a political novice, as prime minister for the second time in less than a fortnight and approved his revised cabinet.
Mattarella had triggered a fresh crisis at the weekend when he vetoed eurosceptic Paolo Savona as economy minister in a previously proposed Five Star-League government.
But in a surprise twist, the populists resurrected the coalition talks and Conte eventually accepted a new mandate for the premiership.
In the new Cabinet, Savona heads the Ministry of Foreign and European Affairs, while the economy ministry goes to Giovanni Tria, a mainstream economist at the University of Rome.
The 53-year-old law professor was chosen as Prime Minister by the leaders of the populist 5-Star Movement and nationalist League, who formed the new government following elections in March.
The new government coalition consists of the anti-establishment 5-Star Movement and the right-wing League.
Mr Conte, a professor who has been accused of embellishing his 12-page CV, emerged as a compromise candidate between the two largest parties.
After the initial attempt to form a government failed, Mattarella picked Carlo Cottarelli as interim prime minister.
Eurozone inflation jumps to 1.9 percent
Brent crude futures edged up 0.3 per cent after dropping to $74.49 per barrel on Monday, their lowest in about three weeks. The Russell 2000 index fell just one-fifth as much as the Dow average, giving up 5 points, or 0.3 percent, to 1,621.
"We'll get to work to create work, for those who don't have it, for those that do but without dignity", Di Maio said. Now the head of the Economy Faculty at Rome's Tor Vergata University, Tria has called for a debate on the euro in both Italy and in the rest of Europe.
29 May: The dust shows no sign of settling and Italy's political turmoil spreads to financial markets across the world.
The threat of a euro exit could have been deeply damaging to an economy that suffers from massive public debt and had seen its borrowing costs rise as markets grew anxious.
Maurizio Martina, the caretaker leader of the centre-Left party, said: "The populist, Rightist government that is about to be born has a programme that is unsafe for our country".
Nigel Farage, former leader of Britain's UKIP party that played a key role in the Brexit campaign for Britain to leave the European Union, wished good luck to the two leaders. The party is considered a political chameleon, with shifting positions and influences from both left and right.
Mattarella said Italy means to "avoid conflicts of all kinds" and have "an ever more positive and protagonist's role" in Europe.
The country's new government is scheduled to be sworn in Friday at 4 p.m. (10 a.m. ET), an event likely to trigger reverberations across Italy.
Jean-Claude Juncker, president of the European Commission, earned the ire of Italy's new leaders by stating Italy should "stop blaming" the EU for the country's woes.
"Europe's difficulties are down to the elites who run it: they say they take care of the people but they only take care of themselves".
Di Maio will also serve as labor and economic development minister, and Salvini as interior minister.
"A political government is by far the best solution for the country", Cottarelli said after handing his resignation to the President.
Kushner has focused on prison reform since joining the administration. "The system has failed", Kardashian tweeted in November . Kushner has spearheaded a White House initiative to help better prepare prisoners for life after incarceration.
Kanye also raps that being bipolar is his "superpower" and alludes to his previous admission of an opioid addiction (" Yikes "). The rapper revealed how Kardashian West reacted after his comments about slavery on one track.
McDowell County Emergency Management deputy director Adrienne Jones says the dam hasn't failed, but inspectors are watching it. To take precautions, there was a mandatory evacuation order issued and we saw about 2,000 people from downstream evacuated.
According to the Wall Street Journal, citing Chinese officials, China is looking to line up countries against the US. The White House has said it will impose 25% tariffs on $50bn worth of Chinese imports "shortly" after mid-June.
Trump later shared his thoughts on Blagojevich and Stewart with the reporters accompanying him on Air Force One. Blagojevich was convicted for corruption for a number of actions, including an attempt to sell the U.S.
Of course, we have a lot of dreams. "It's a unusual moment to do so, I know, but an important one too", he said. He said the club can "take a lot out of you" even when you have been successful like Zidane.
Anything they can put a jersey on, they've got a jersey on; statues, buildings, it's insane . "We're going to push on'". The Golden Knights trailed 3-2 entering the final 20 minutes but couldn't net the equalizer despite a 15 shot barrage.
Grisham said the first lady would like to be "out and about promoting her initiatives" but " her health comes first". A few days later, reports stated that the first lady had returned to the White House following the operation.
And according to another person familiar with Apple's plans for the Apple Watch , there will be two new models unveiled at WWDC. The new MacBook lineup is expected to get Intel's latest processors, while the new iPad Pro will be the first with Face ID.
Is Manchseter City close to signing Riyad Mahrez?
The newspaper reports that an initial €45m offer was rejected by the Partenopei, who are holding out for €55m. "We know that an offer from Manchester City has reached Napoli ", Santos said earlier this week.
New Age Recommendations for Colonoscopies
At this point she's determined to focus on her family, not her prognosis. "It's very curable when we catch it early", Cercek said. In 2014, 43 percent of colorectal cancer cases in those under 50 were in adults ages 45 to 49, according to Rebecca L.
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Trump says North Korea talks positive, expects Kim letter
Russian Foreign Minister Sergei Lavrov (right) shakes hands with North Korean leader Kim Jong Un during a meeting in Pyongyang. Add North Korea as an interest to stay up to date on the latest North Korea news, video, and analysis from ABC News.
Denmark bans burkas and niqabs in public places
Denmark has joined several other European countries in banning the full-face veil worn by some Muslim women in public spaces. Zainab Ibn Hssain, who lives in Copenhagen and has been wearing the niqab for the past year , told Reuters: "It's not nice".