World News

Why Italian Prime Minister Mario Draghi has suddenly decided to resign?

Published

on

Tista Karmakar, Mumbai Uncensored, 16th July 2022:

The Italian Prime Minister Mario Draghi has announced that he will resign from his position after the Five Star Movement (M5S) on Thursday July 14 hinting at a political crisis paving its way for early elections. 

To his statement Mr. Draghi said, “The pact of trust underlying the government has failed. In recent days there has been the utmost commitment on my part to continue on the common path, also trying to meet the needs that have been advanced to me by the political forces. As is evident from today’s debate and vote in parliament, this effort was not enough. From my inauguration speech I have always said that this executive would only go forward if there was a clear prospect of being able to carry out the government programme on which the political forces had voted their confidence. This compactness was fundamental to face the challenges of these months. These conditions no longer exist.” 

In 2021 a surge of political change happened in response to the previous year’s COVID-19 pandemic crisis. The whole nation went through a state of emergency forced by the government of Guiseppe Conte, supported by the M5S, the Democratic Party (PD), a small left party, and Italia Viva. However, after the pandemic hit Italy, Matteo Renzi’s Italia Viva distanced itself from the government in December 2020 leading to its fall in February, 2021. 

The former governor of the European Central Bank Mario Draghi led the establishment of a national unity government and was widely supported by all major party members except a post-fascist and a small left party. 

The former European Central Bank chief Draghi has met the president, Sergio Mattarella over the issue of his resignation. However, Mr. Mattarella rejected Draghi’s resignation on Thursday night and at the same time advised him to address the parliament in order to get the support he needed.   

Mr. Draghi has announced his resignation on Thursday after the populist coalition ally the M5S refused to support a key bill of the government. Reportedly the Draghi government formed in allyship of this populist, the left, the right, and the central parties in February 2021 right after Italy stumbled into the corona virus crisis. 

Draghi and his government won a confidence vote of 172-39 to pass the bill in the Senate despite the M5S’s refusal. The bill provides support of 26 billion euros to the consumer and industries struggling with the energy crisis. The bill also included a provision for allowing the construction of a huge incinerator for Rome’s rubbish management project which was highly opposed by the M5S. 

Mr. Draghi addressed the issue of the populist M5S’s disinterest in the bill by saying, “The majority of national unity that has sustained this government from its creation doesn’t exist any more.” To which the president advised Mr. Draghi to reach parliament in order to get the solid support he needs the most. 

However, if Mr. Draghi fails to gain support from the parliament to carry out his economic reform, president Mattarella can call for an early election in late September since the current parliament’s term expires on 2023. 

The M5S has lost its significance in the recent local elections and strolled in opinion polls. The populist party has also cleared their stance by being in opposition to the economic reform bill. A pro-Europe party leader said criticizing the M5S’s opposition, “is not like picking up a menu and deciding, antipasto, no, gelato, yes.” Whereas the Draghi government has been efficiently performing throughout the pandemic via the virtual medium. So, the Draghi government has become a pivotal figure in Europe amid the Russia-Ukraine war and the economic crisis. Some politicians say that Draghi’s decision to resign or not is important following the unfortunate departure of British Prime Minister Boris Johnson. The whole of Europe will be looking after Italy in the coming weeks.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version