The In his speech in Parliament Mario Draghi accused members of the ruling coalition of trying to undermine his policies while apparently claiming they were loyal.
The only reason I’m here is because the Italians asked me to stay. But are they ready to rebuild? And are you ready? This question should not be answered, but the Italian people should answer it
He said in the Senate. The news of staying in the markets calmed before the important European Central Bank meeting on Thursday, which is expected to raise interest rates for the first time since 2011.
But analysts cautioned that it is far from certain that Italy’s notoriously belligerent political parties will support Draghi in Wednesday’s and Thursday’s confidence vote.
He was very difficult, and showed no willingness to compromise
Roberto Delimonte, a professor of political science at Louis University, said Draghi was “preparing for a showdown” with key members of his ruling coalition. And the professor added: “He said: Accept this or say goodbye.” financial times to me
Draghi’s stern message to key members of the former unity government was hard to digest: Matteo Salvini, members of the right-wing League and the populist Five Star Movement did not applaud conspicuously at the end of the speech.
Rome’s European allies and rate-setters at the European Central Bank (ECB) are closely watching the fate of the Draghi government, who fear Italy could plunge the bloc into a prolonged period of political instability, while the eurozone could slip into recession due to Russian gas shortages.
Mario Draghi, former president of the European Central Bank He submitted his resignation last week, after Five Star failed to support him in a crucial parliamentary vote. However, President Sergio Mattarella rejected his resignation and instead asked him to return to Parliament.
(Cover photo: Mario Draghi on July 12, 2022. Photo: Massimo de Vita/Masimo de Vita Archives/Mondadori Portfolio via Getty Images)
