As it became known from the Italian Parliament, Prime Minister Mario Draghi will address the Senate tomorrow at 9.30 am, local time. With this speech, Draghi is expected to make it known whether he means to remain in the prime ministership, or to resign permanently. Around 11, the placements of the various party representatives will […]
Tag: Mario Draghi
In Algeria, Draghi in search of natural gas
Natural gas imports from this North African country will increase in the coming days by 4 billion cubic meters. “Our cooperation in the energy sector is accelerating more than we anticipated, and in the coming years natural gas supplies will reach even higher levels,” Draghi said. In recent months, Algiers has become Italy’s number one […]
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 […]
Italy: Calls are multiplying for Draghi to remain in the prime ministership – Tomorrow his final decision
Italian Prime Minister Mario Draghi is expected to take the floor on Wednesday morning in the Italian Senate and make known, during his intervention, whether he means to finalize his resignation or continue his government course. After Draghi’s speech, there will be a new vote of confidence, both in the House and in the Senate, […]
Draghi has consolidated his influence even if the government collapses
By Rachel Sanderson Rome’s hotter-than-usual summer has sparked a political firestorm. Mario Draghi grew tired of the discord in his “national unity” government and tendered his resignation. It was not accepted, but Draghi’s impulse was correct. It is time for Italy to go to the polls and consider a future without the former European Central […]
Earlier than expected, the new ECB tool is expected to be put into operation
The European Central Bank’s new tool to tackle rising borrowing costs in the eurozone may be tested earlier than expected due to political uncertainty in Italy. With Mario Draghi’s government on the brink of collapse, the spread between 10-year Italian bonds and their German counterparts has risen above 200 basis points – a limit the […]
Draghi staying in the prime ministership or early elections?
The processes between the parties are continuing in Italy with the request to support or not Mario Draghi. Alternatively, the country will be forced to go to early elections. Everyone is asking Mario Draghi to remain prime minister. After the appeal of the mayors of the largest Italian cities, that of Italian businessmen also arrived. […]
Italy: Mayors, business associations and trade union leaders call on Draghi to remain prime minister
Mayors, business associations and labor union leaders in Italy urged Prime Minister Mario Draghi over the weekend to reconsider his decision to resign, warning that stability in the neighboring country was at risk because of its large foreign debt. Draghi handed in his resignation last week after one of the political parties in the ruling […]
Five Star Movement: We had asked Draghi for a dialogue but he ignored us
With his video message, which he posted this evening on Facebook, the president of the Five Stars and former prime minister Giuseppe Conte, referred to the political developments and the resignation submitted, last Thursday, by the Italian prime minister, Mario Draghi. A resignation which, for now, the president of the Italian republic, Sergio Mattarella, has […]
Italy-political crisis: Draghi shows that he is determined to resign from the government
Mario Draghi has signaled he is determined to step down as Italy’s prime minister next week because he does not have the support of all parties in his fractured governing coalition, according to people familiar with the matter, according to Bloomberg. Italian President Sergio Mattarella rejected Draghi’s resignation on Thursday, urging him to try to […]