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Fitch: Draghi’s resignation portends political uncertainty in Italy

The rating agency Fitch in its analysis underlines that “the resignation of Italian Prime Minister Mario Draghi, after the rift that occurred within the government of national unity, portends greater political uncertainty, even if early parliamentary elections are avoided in Italy”.

“The short-term consequences for fiscal policy depend on the political outcome of the whole case, but the whole course of structural changes and fiscal consolidation is likely to be hampered,” the rating agency adds.

A while ago, at the same time, Mario Draghi (who tomorrow morning will take the floor in the Senate, the upper body of the Italian parliament and will make it known if he wishes to continue leading the Italian government) had a meeting with the president of Italy, Sergio Mattarella . After their conversation was over, no statements were made.

Source: AMPE

Source: Capital

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