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Free AccessDraghi Could Be Sworn In As PM On Friday-ANSA
ANSA reports: "Sources said Draghi is aiming to report back to Mattarella in the next few days to tell him he no longer has any reservations about accepting the mandate to be premier in order for the new government to be sworn in by Friday."
- Comes after parties across the political spectrum offered support to a technocratic Draghi gov't after negotiations at the weekend.
- Draghi to use the coming days to talk to trade unions and business leaders to talk about what they want to see from his administration.
- Right-wing League offers its support alongside populist 5-Star Movement, centre-left Democratic Party, centre-right Forza Italia, and centrist Italia Viva. All parties state support is to get the country through a perilous time.
- For the League, its support comes due to pressure from the party's historical business base in the north of the country concerned about economic stability. Also because Draghi had secured enough support for a majority without League support, and joining in ensured both the League may have influence on policy and cannot be accused of 'playing politics' at a time of crisis.
- For the 5-Star, Democratic Party, Italia Viva, and Forza Italia, support for Draghi pushes back the prospect of snap elections. Based on current polls all these parties would lose a substantial number of seats in a snap election.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.