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Draghi will settle the crisis of his Government in Parliament

Gonzalo Sánchez Rome, Jul 14 (EFE).- The crisis that the Italian Government is going through will be staged on Wednesday in Parliament by order of the Head of State, Sergio Mattarella, who rejected the resignation presented today by the Prime Minister, Mario Draghi, after the thrust of one of his coalition partners, the 5 Star Movement (M5S). Draghi, with the discretion that characterizes him, today brought together all his ministers to inform them that he had decided to resign and put an end to the national coalition government that he has chaired since February 2021, supported by all groups except the ultras of Giorgia Meloni. And immediately afterwards he appeared at the Roman Quirinale Palace to formalize his resignation from the head of state, who, however, rejected it. After weeks of tensions, the crisis broke out this Thursday within his coalition when one of his main partners, the M5S, decided not to vote in the Senate on a motion of confidence in the same government of which he is a part. And Draghi decided to resign. But Mattarella, who reluctantly repeats his mandate in the highest position in the country, responded to Draghi that the crisis must be resolved in the two parliamentary seats, in the Senate and in the Chamber of Deputies, predictably on Wednesday. “The President of the Republic has not accepted the resignation and has invited the President of the Government to appear in Parliament to give explanations and so that an assessment of the situation that has been created after today’s debates in the Senate,” reads a statement from the Head of State. In this way, the former president of the European Central Bank, seen in Italy as one of the most valuable resources of the Republic, will be able to check whether or not he has a majority to fulfill his objective: exhaust the legislature in its natural term, March 2023. WHAT HAPPENS IN ITALY? The coalition has been reeling for some time on account of a delicate decree with aid to families and companies against inflation that the M5S severely criticizes for seeing “insufficient” and for including the financing of a garbage incinerator for Rome. The problem is that the final vote on the decree was proposed as a confidence motion on the government, a ploy that is frequently used in Italian politics to speed up the processing of laws, since it prevents the presentation of amendments. And, in a paradoxical and convoluted movement, the Five Stars decided not to vote the motion of confidence on the very Government of which they are a part. A kind of “harakiri” in which some glimpse the desire of the M5S to go over to the opposition and try to recover the lost electorate after the latest bumps in the polls and in the face of the imminent electoral campaign. BETWEEN THE “DRAGHI BIS” AND THE ELECTIONS Throughout this angry Italian day that emerged while the beaches were overflowing, national politics was divided between those who aspire to keep Draghi in power, with or without the M5S, and those who foresee ” give the word back to the Italians”. The leader of the Democratic Party (PD, center-left), Enrico Letta, urged Draghi to go to Parliament to “verify” if he can continue in the Government, an option that no one rules out because Draghi’s resignation was not accompanied by the epithet “irrevocable” . “I think that at this moment the continuity of the government would be very important,” said Letta, who in recent days has defended that without Draghi the other option was to advance elections. Other parties in the coalition expressed themselves in the same terms, such as Matteo Renzi’s centrist Italia Viva or Together for the Future, the split from the M5S led by the current Foreign Minister, Luigi Di Maio, loyal to Draghi. The far-right Matteo Salvini, who also supports the Executive, demanded an early election, while Silvio Berlusconi’s conservative Forza Italia only revealed a concern for the economic, social and business situation in Italy. BLACK CLOUDS IN THE ITALIAN SKY And the fact is that the country’s greatest concern is that the government’s crisis is taking place at a difficult moment, in the midst of a rise in energy prices, with skyrocketing inflation and in the midst of a strategy to diversify and put an end to dependence on Russian gas after the invasion of Ukraine. But it is also worrying at a European level, as Letta stated: “If the Draghi government falls, Italy will be the third country, after France and Great Britain, to enter into a situation of profound difficulty,” he warned his political partners. At the moment, only with the rumors of resignation, the Milan Stock Exchange plummeted 3.44% today at the close and the risk premium touched 225 points. EFE gsm/mr/ads (audio)(photo)(video) (c) Agencia EFE

Source: es-us.finanzas.yahoo.com