Farewell Draghi, Italy called to the polls this fall

Farewell Draghi, Italy to be called to the polls this fall

The Bedroom bass of the Italian Parliament in Rome, Italy, on July 21, 2022.

No sooner has Draghi's page been turned than Italy finds itself in an electoral campaign with President Sergio Mattarella's decision on Thursday to dissolve parliament, which will lead to snap elections due to be held at the end of September. or early October.

The political situation led to this decision, the president said in a brief televised address, referring to the resignation of Prime Minister Mario Draghi after the Thursday defection of three major parties from his coalition in a vote of confidence in the Senate.

The discussion, the vote and the manner in which that vote was cast yesterday in the Senate made clear the end of parliamentary support for the government and the lack of prospects for giving birth to a new majority, he explained. , while paying tribute to the efforts made during these 18 months by Mr. Draghi.

The Italian media put forward several possible dates for these elections: September 18 and 25, or even the October 2.

The arch-favorite in the upcoming election is the so-called center-right coalition, which brings together Forza Italia, the right-wing party of Silvio Berlusconi, and the extreme right represented by the League of populist anti-migrant tribune Matteo Salvini and Fratelli d& #x27;Italia.

Fratelli d'Italia, a post-fascist party chaired by Giorgia Meloni, is given the lead in voting intentions, with nearly 24% of the vote, ahead of the Democratic Party (22%) and the League (14%), according to a poll by the SWG institute carried out on July 18. Forza Italia would receive 7.4% of the vote and the 5 Star Movement (M5S) 11.2%.

Until further notice, the resigning government led by Mario Draghi remains in place to expedite current affairs.

The resignation of the former head of the Central Bank European Union had become inevitable after Forza Italia, the League and the populist 5-Star Movement group refused to take part in a vote of confidence called for by the head of government in the Senate on Wednesday.

Mr. Draghi said he was ready to stay in office only if the parties of his coalition fell into line around a government pact, already jeopardized last week by a first defection from the M5S. Their response was scathing.

Arrived at the head of power in February 2021 to get Italy out of the health and economic crisis, Mr. Draghi, 74, had presented his resignation on July 14 to President Mattarella, who immediately refused it.

Mr Draghi believed his national unity government, running from the left to the far right, was lapsed after the crisis caused by the defection on the same day in a key vote, already in the Senate , of the M5S, itself struggling with strong internal dissension and a haemorrhage of parliamentarians.

But his appeal was ignored by the heavyweights of his coalition, already with their eyes glued to the upcoming election campaign. In the end, only the center and the left, embodied by the Democratic Party, remained by its side to the end, among other things because they fear more than anything early elections, where they will be beaten by the right in all opinion polls.

“We are ready. This nation desperately needs to regain its conscience, its pride and its freedom. »

— Giorgia Meloni

Mrs. Meloni, a 45-year-old journalist by training who could become the next head of the Italian government.

A prospect that worries Italy's European partners, because without defending a leaving the European Union (EU), Fratelli d'Italia advocates a revision of the treaties and the substitution of the Union by a confederation of sovereign States. He does not plead for an exit from the euro, but calls for a radical reform of the European Central Bank.

EU and NATO also lose with Mario Draghi a pillar, valuable ally in their support for Ukraine against Moscow, and they fear the coming to power of Russophile Matteo Salvini.

The markets are scrutinizing on their side with attention the situation in the third economy of the euro zone. The closely watched spread between German and Italian 10-year interest rates rose to 240 basis points on Thursday, reaching a high since spring 2020 amid the COVID-19 pandemic. .

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