Italian administration is on the verge of collapse, three major parties refuse to trust Draghi’s cabinet-Bloomberg

Italy’s Draghi coalition government was forced to the brink of collapse without the support of the three major political parties. It is more likely that a general election will be held ahead of schedule in the fall.

Prime Minister Draghi was trusted in a vote of confidence in the administration held in the Senate on the 20th. However, in addition to the “Five Star Movement”, a part of the coalition led by former Prime Minister Conte, the center-right “Alliance” and “Forza Italia” led by former Prime Minister Berlusconi have abstained from voting, so it has no practical meaning. rice field.

The prime minister announced last week that he had not received the support of the political parties that make up the coalition government. It was triggered by the “Five Star Movement” abstaining from the cabinet confidence vote following criticizing the administration’s response to the economic crisis.Draghi is in the Senate on the 20thspeechSo, he showed a bullish stance that it is possible to rebuild the coalition government.

The “Alliance” and “Forza Italia” sought a new coalition without the “Five Star Movement” and insisted in the Senate, but Draghi, the former president of the European Central Bank (ECB), compromised by party leaders. Did not respond to the attempt.

Prime Minister Draghi in the Senate (Roman 20th)

Photographer: Andreas Solaro/AFP/Getty Images

If a general election is held, it may be October 2. Draghi will procedurally remain prime minister until then, but his ambitions to rebuild the Italian economy are unlikely to develop in the near future, and financial markets are expected to be upset.

Original title:Italy’s Government Set to Collapse as Parties Ditch Draghi (1)(excerpt)

(Update with more details)

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