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Draghi Stays On, Prepares For "Day Of Truth" Next Wednesday


Italy is bracing for at least a few more days of intense political turmoil after Prime Minister Draghi's resignation was declined by President Mattarella.

  • Local media report that Draghi is planning to travel to Algeria on Monday for important intergovernmental talks, as Italy seeks alternative sources of gas supply amid uncertainty surrounding imports from Russia.
  • Upon his return to Italy, Draghi will make a key speech to parliament on Wednesday, but it is unclear if it will be followed by a vote of confidence.
  • The M5S National Council held a meeting yesterday evening and the party is expected to make an update on its position later today.

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