The recent entry into office of the new Italian government was received, in media and financial circles, as well as by most European leaders, with a mixture of indignation and concern. How could Italy—one of the founding members of the Union and its birthplace due to the Treaty of Rome—bring to power Eurosceptic, anti-establishment forces likely to jeopardize the stability of the euro and to create unprecedented tensions within the EU? The alliance between the far-right League and the Five Star Movement (M5S) stemming from a leftist, anti-globalization ideology, is regarded by many as the unfortunate confirmation of the rise of all kinds of “populisms” and therefore as a reversal of the virtuous pro-European momentum generated by last year’s election of French President Emmanuel Macron.