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M5S Slump In Polls Continues As PM Draghi Shifts Closer To Exit Door

ITALY

Opinion polling for the next Italian general election makes grim reading for the populist 5-Star Movement (M5S), which has seen its support collapse in the wake of a party splintering and the ongoing ructions that threaten to see PM Mario Draghi resign from office.

  • M5S' average polling support stands at 10.8% in July, with this level declining steadily from an average of 14.4% in the first month of 2022.
  • Following the boycott of a confidence vote in the Senate on 14 July by M5S, PM Draghi sought to offer his resignation to President Sergio Mattarella. While this was not accepted, sources close to Draghi have told MNI that he expects to resign from office next Wednesday, when he is due to address both houses of the Italian parliament. For full story follow this link: https://marketnews.com/homepage/mni-italy-pm-dragh...
  • Opinion polling shows the three main rightist parties - the populist League (Lega), nationalist Brothers of Italy (FdI) and centre-right Forza Italia (FI) - commanding a combined support in the mid-40s in percentage terms, putting them in pole position to form the next gov't, should a snap general election be called.
  • The next election must take place by 1 June 2023 at the latest. Observers have speculated that there may be some reluctance among some Deputies and Senators in particular to see a snap election, at least in the very short term. A number of pension and other financial benefits kick in for a large number of politicians from September onwards, potentially pushing the prospect of an election to the autumn.
Chart 1. Italian General Election Opinion Polling, %

Source: BiDiMedia, SWG, Tecne, Termometro Politico, Demopolis, EMG, Noto, Winpoll, Euromedia, Demos & Pi, Ipsos, Index, Piepoli, MNI

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