Mario Draghi resigned and there will be early elections

Mario Draghi resigned and there will be early elections

The prestigious 74-year-old economist “reiterated his resignation and that of the Executive he heads,” the Presidency said in a brief statement, specifying that “note has been taken” of the decision and that he will remain in office for now to “conduct current affairs”.

Long applauded this Thursday at the Chamber of DeputiesMario Draghi immediately requested the suspension of the session to address the Quirinal Presidential Palacewhere he arrived shortly after 09:15 local time (04:15 Argentine time) to communicate his “decision” to President Sergio Mattarella.

The head of state, arbiter of politics in Italy, must open a process, according to the rules of a parliamentary democracy, which in the opinion of many observers will lead to early elections for the first or second week of October.

Early elections and uncertainty

An expected conclusion after forza italythe right-wing party Silvio Berlusconi; The leaguethe far-right formation of Matteo Salvini and the anti-system formation 5 Star Movement (M5E) refused to participate in a confidence vote requested on Wednesday by the prime minister in the Senate.

The fall of “Super Mario“, called to save Italy in February 2021 at a time of social, economic and health crisis as a result of the covid-19 pandemicgenerated strong reactions throughout the peninsula.

“Italy betrayed”, headlined the newspaper The Republicwhile The stampa newspaper close to the industrialists, limited itself to writing “Shame” full page.

According to polls, most Italians want Mario Draghi to stay in office, one reason he backed down on Wednesday and did not confirm his first resignation.

However, he was unable to get the parties in his coalition to align themselves around a government “pact” between the parties that he proposed in a long and dense speech before the Senate.

Why did the partisan support for Mario Draghi cease?

The right-wing formations that were part of the Executive hope to win the elections and decided to topple Prime Minister Mario Draghi under the pretext of not wanting to govern together with the 5-Star Movement any more.

For their part, the anti-systems, who opened the crisis last week, consider that several points of the laws proposed by Draghi are contrary to his principles and that all the measures taken during his previous government, in charge of Giuseppe Conte.

The end of the Unity Executive could especially benefit the right-wing coalition led by the party post-fascist Fratelli d’Italia (Brothers of Italy), led by Giorgia Meloniwho according to the polls would comfortably win the early elections.

“We are ready. This nation desperately needs to regain its conscience, its pride and its freedom,” Giorgia Meloni, 45, a veteran far-right leader who could become Italy’s future head of government, wrote in a tweet on Thursday. .

Europe in suspense

A perspective that worries Europeans, given that their party, the Brothers of Italy, with 24% of the voting intentions, advocates a revision of the treaties of the European Union and even by its replacement by a “confederation of sovereign states”.

The European Commissioner for the Economy, the Italian Paolo Gentiloniconsidered “irresponsible” the desertion of the coalition parties, while Brussels and his European partners were pressing for Mario Draghi to remain in office.

The markets are carefully watching the situation. Italy’s cost of debt rose again and the Milan Stock Exchange closed down 1.6% on Wednesday, a sign of nervousness over uncertainty in the euro zone’s third-largest economy.

Source: Ambito

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