Business

Italian parliament dissolved — Analysis

This move will pave the way to new elections after Mario Draghi, Prime Minister of Italy, resigned.

Italy faces a general election following the dissolution of parliament by President Sergio Mattarella on Thursday. After three coalition partners with Draghi boycotted the confidence vote, Prime Minister Mario Draghi quit hours before.

Mattarella did not set a date for elections, but said that a vote must take place within 70 days, as per Italy’s constitution.

After a last-week attempt to retain Draghi at the helm, he decided to disband parliament. Draghi, the European Central Bank’s former chief, announced his resignation on Thursday, after the support of his biggest coalition partners from the Five Star Movement pulled their support. Mattarella, however, rejected Draghi’s request for a resounding victory.

Mattarella appointed Draghi in 2021 as Italy’s post-pandemic leader. He led a wide coalition government. Three parties from this coalition boycotted Wednesday’s no-confidence vote at the Italian Senate, leaving Draghi without a mandate.

LEARN MORE
Italian PM Draghi confirms resignation

Italians were initially set to vote next year in general elections. Mattarella explained that he chose to allow them to participate as early as possible. “no possibility”Draghi was able to rally sufficient support to run a government up until that point.

Five Star Movement has repeatedly criticized Draghi for the increasing cost of living in Italy and called for more government aid to small and family-owned businesses. Giuseppe Conte was also critical of Draghi’s policy to arm Ukraine. Although Ukraine has more support than most other European countries, it is less popular in Italy. 

This story can be shared on social media

[ad_2]

Tags

Related Articles

Back to top button