G20 Finance Ministers and Central Bankers Commit To Pursuing Accommodative Policies To Kickstart Recovery
Inbox By Silvia Marchetti ROME (MaceNews) – The G20 finance ministers and central bankers committed on Friday to pursuing accommodate fiscal and monetary policies and to step up joint efforts to tackle the COVID-19 pandemic. During an online meeting held by Italy’s G20 presidency, member countries acknowledged that health and economic conditions remain difficult despite the […]
Italy’s PM Draghi Calls For Common EU Budget, Says Euro ‘Not Reversible’
By Silvia Marchetti ROME (MaceNews) – Italy’s Prime Minister Mario Draghi said on Wednesday that the euro is irreversible and called for a common European budget to tackle challenges ahead. In a keynote speech at the Senate ahead of a confidence vote, Draghi pledged to efficiently implement pandemic European direct aid and implement a series […]
ITALY’S 5STARS NOW LIKELY TO HOLD ONLINE VOTE THURS. ON BACKING DRAGHI GOVT — SOURCES
By Silvia Marchetti ROME (MaceNews) – Italy’s 5 Stars Movement is now likely to hold an online vote starting Thursday morning on whether to back Mario Draghi’s government, despite the decision on Tuesday to delay it to when more program details would be known, according to sources. The timeframe to vote would likely be quite […]
ITALY’S 5 STARS LIKELY TO POSTPONE ONLINE PARTY VOTING ON DRAGHI’S GOVERNMENT, INCREASING HIS CHANCES OF SUCCESS IN RALLYING LARGE MAJORITY- SOURCES
By Silvia Marchetti ROME (MaceNews) – Italy’s 5 Stars Movement will likely postpone a key online vote on whether to back Mario Draghi’s new government until there are more details of a shared ruling program among political parties, according to sources. The online voting, initially scheduled for Wednesday and Thursday, could be delayed until after […]
ITALY: DRAGHI APPEARS HEADED TOWARD WIDE MAJORITY BUT FACES CHALLENGE TO SET JOINT AGENDA, ASSEMBLE ‘MIXED’ GOVERNMENT
By Silvia Marchetti ROME (MaceNews) – Former European Central Bank chief Mario Draghi will likely have a broad majority to form a new government following support from his usual opponents but he faces a big challenge to define a shared program and set up a technocrat-political cabinet, according to political sources. Draghi received statements of […]
ITALY: DRAGHI TASKED WITH FORMING UNITY GOVERNMENT; ‘CONFIDENT’ PARTIES WILL JOIN
By Silvia Marchetti ROME (MaceNews) – Former European Central Bank chief Mario Draghi was handed on Wednesday the mandate to form a new government by Italy’s head of state Sergio Mattarella and put an end to Italy’s political crisis. “It’s a difficult moment. There’s a dramatic health crisis, which requires adequate responses in defeating the […]
ITALY’S POLITICAL CRISIS DEEPENS; CONTE’S FUTURE ON LINE AS HEAD OF STATE BUYS MORE TIME
By Silvia Marchetti ROME (MaceNews) – Italy’s head of state Sergio Mattarella handed to lower house leader Roberto Fico an ‘explorative’ mandate to evaluate whether the current ruling coalition has a stable enough majority to keep on governing. Mattarella was obliged to take the step following the failure of two days of party talks at […]
ITALY FACES UPHILL ROAD FOR A ‘THIRD’ CONTE GOVERNMENT; MAJORITY STILL WEAK – SOURCES
By Silvia Marchetti ROME (MaceNews) – Ruling coalition parties are confident there will likely be a ‘third’ government ruled by outgoing premier Giuseppe Conte who resigned Monday but they warn that forming a new, stable majority able to put an end to Italy’s ongoing political crisis and avoid the risk of an early vote will […]
ITALY’S CONTE WINS SENATE VOTE BUT LACKS STABLE MAJORITY TO PURSUE GOVT AGENDA
By Silvia Marchetti ROME (MaceNews) – Italy’s Prime Minister Giuseppe Conte Tuesday has won a key Senate confidence vote but with only a “relative majority” that hampers the government from fully ruling and efficiently pursuing its agenda. The final vote result was 156 yes and 140 no votes. The political crisis, triggered when the minor […]
ITALY’S PM CONTE WINS LOWER HOUSE CONFIDENCE VOTE; SENATE CHALLENGE AHEAD
By Silvia Marchetti ROME (MaceNews) – Italy’s Prime Minister Giuseppe Conte won on Monday a key vote of confidence in the Lower House with 321 votes out of a total 630, six more than the absolute majority required. The main challenge will be on Tuesday morning at the Senate where the ruling coalition has a […]