Italy’s Democrats Recover Lost Ground, Lead Polls but in Tie with Former Fascist Party – Sources
By Silvia Marchetti ROME (MaceNews) – After a deep crisis and loss of support that lasted more than four years, Italy’s Democratic Party is leading polls with a higher chance of winning next year’s general vote and putting it in position to push through key reforms, said party officials. Still, polls show a tie with […]
Italy’s Center Right Coalition Is Falling to Pieces, Smaller Chance of Success in 2023 – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s center right coalition is crumbling to pieces following the presidential vote; it is now weaker and if it doesn’t quickly “recover” its chances of winning the 2023 elections are down to a minimum, according to party sources. The center right’s three allied parties – the League group of […]
Italy Govt To Extend Loans Freeze, Boost State-Backed Guarantees – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s government is expected to extend a key pandemic loans payment moratorium which expired in December 2021, and boost state-backed guarantees for private investments, according to ruling coalition sources. The extension of both measures, set-up in the wake of the COVID-19 crisis to help struggling firms’ and families access […]
Analysis: Italy’s Government Weaker After Tricky Presidential Vote; 2023 Vote Outcome Uncertain – Sources
By Silvia Marchetti ROME (MaceNews) – The “forced” reappointment of Sergio Mattarella as Italy’s head of state despite his initial unavailability for a second term marks a further weakening of the government and its reformatory push as parties come to terms with their vulnerabilities, according to Italian party sources. “Party talks have failed in striking […]
Italy’s ESM Reform Approval Likely To Raise Tensions Between Ruling Parties, Government Buys Time – Sources
By Silvia Marchetti ROME (MaceNews) – Italy’s parliament has yet to approve the key European Stability Mechanism reform aimed at strengthening the banking union and is buying time over fears this will trigger tensions among ruling allies, according to government sources. The League party and the 5 Stars Movement, that have joined forces to support […]
Berlusconi’s Potential Run For Italy’s Presidency Triggers Political Chaos – Sources
By Silvia Marchetti ROME (MaceNews) – The potential candidacy of former Prime Minister Silvio Berlusconi to the top office of Italy’s presidency is raising political chaos at a critical time when parties should seek a compromise on a high level, impartial figure to elect, according to political sources. After having faced 36 trials the scandal-ridden […]
Italy Pushes Digital Euro, Aims to Strengthen Single Currency in Post-Covid World- Sources
By Silvia Marchetti ROME (MaceNews) – Italy is pushing for a “speedy” creation of a digital euro in a bid to strengthen the single currency, and it has now become a top post-Covid priority for the financial system, according to ruling coalition sources. “The pandemic has accelerated the process: there’s been a significant boost in […]
Italy to Replicate US-Denominated Bonds Issuance in 2022, Further Lengthen Debt Life – Sources
By Silvia Marchetti ROME (Mace News) – Italy’s government plans to issue even more U.S.-denominated bonds this year through regular, “predictable” placements aimed at boosting its role of frequent issuer, according to ruling coalition sources. The goal is to keep diversifying the investors base through new issuances in foreign currencies both in the Global and […]
<strong>Draghi’s Chances to Become Italy’s Next President Rise, Party Talks Start – Sources</strong>
By Silvia Marchetti ROME (MaceNews) – Chances are rising that Prime Minister Mario Draghi will be Italy’s next head of state as parties start talks to reach a deal over the appointment, according to ruling coalition sources, even if it will be a “last-minute decision”. On Tuesday, lower house President Roberto Fico is expected to […]
Italy Backs EU Council’s Switch To Qualified Majority Voting, ‘Key’ To Boost Integration
By Silvia Marchetti ROME (MaceNews) – Italy supports switching from unanimity in votes on tax and defense policy within the European Council to a qualified majority, which according to ruling coalition sources will speed up the decision-making and integration process. The proposal of changing the voting system within the EU Council, which represents member states, […]