Was an important step and it failed. Italy continues to face a major political crisis, caused by the resignation of Prime Minister Giuseppe Conte. Negotiations between the parties of the ruling coalition to try to form a new government have failed, the president of the Chamber of Deputies announced on Tuesday evening. “I have not noted a unanimous availability to give birth to a majority” of government, declared Roberto Fico after an interview with the President of the Republic Sergio Mattarella, who had asked him to assess the feasibility of renewing the current coalition.
The Italian president then summoned the former president of the European Central Bank Mario Draghi for an interview on Wednesday noon, his spokesman announced on Tuesday evening. Giuseppe Conte was forced to resign on Tuesday January 25, almost two weeks after the withdrawal of his coalition of the former head of government Matteo Renzi and his small party, Italia Viva (IV), essential to have the parliamentary majority . The two pillars of his coalition, the Democratic Party (PD, center-left) and the 5 Star Movement (M5S, anti-system until he came to power), continue to support him.
Conte continues to manage day-to-day business
Matteo Renzi, Prime Minister from 2014 to 2016, on the other hand continues to blow hot and cold on his possible return to the coalition, sending contradictory signals which delight political scientists in the Italian press. It will be up to President Mattarella to untangle the threads of this complex situation. In the meantime, Giuseppe Conte continues to manage day-to-day business in the midst of the pandemic, which has killed more than 88,000 and caused the Gross Domestic Product to fall by 8.9% in 2020, according to an official estimate published on Tuesday. The third largest economy in the euro zone has one of the worst drops in GDP in the euro zone. France saw its GDP plunge by 8.3% in 2020 and Germany by 5%.
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