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Free AccessMNI: Italy Lega Seeks Support, Centre-Right Just 40 MPs Shy
by Silvia Marchetti
ROME (MNI) - Italy's Lega, the party now dominating the centre-right
coalition, is looking for just a few dozen deputies and senators from other
parties to form a new government, Market News learns.
"The truth is, with our 37% vote share, we're the leading coalition and are
short of just 40 MPs to reach the required ruling majority that will pave way to
forming the next cabinet. That should not be mission impossible," a Lega
newly-elected deputy who preferred not to be named told MNI.
The official said he was optimistic that Lega leader Matteo Salvini would
be able to rally the necessary support willing to join forces with the
centre-right coalition.
"Given that our party won 18% of the votes, that makes us the largest
stakeholder of the centre-right and, according to the coalition rules, Salvini
is now the leader in charge of vetting possible alliances, talking to all other
party representatives," said the deputy.
--TALKS ONGOING
Talks have been held with the 5 Star Movement, the party who topped the
polls, with the "new" Renzi-less Democrats and also with the left-leaning Free
and Equal party.
A first deal among parties is expected to be reached in the next day or two
over the appointment of the new parliament's senate and lower house presidents,
said the official.
"Lega, and by extension the centre-right, should get the Senate seat; 5
Star the Lower House, but nothing is definite yet," he noted.
In his view, there could also be a government agreement with 5SM if
parliament votes go smoothly, or even with a few Democrat party members who are
willing to abandon the opposition and team up with the centre-right.
--NEED 40 RELIABLES
The underlining strategy is that it doesn't really matter who the
centre-right coalition allies with, as long as there is some convergence on key
program points with at least 40 "reliable" MPs who won't pull-back at the first
obstacle.
However, "an alliance with the whole Democrat party is quite far-fetched,"
said another source close to the centre-right.
"But given their internal woes due to the transition period towards a new
leadership, there could be another division between the intransigent Democrat
hawks and softer doves, with the latter opting to side with us to guarantee
governability. And it wouldn't be the first time".
A similar scenario happened in previous elections, argued the source, with
the Democrats mustering support.
"Back in 2013, the elected Democrats lacked the required majority to rule,
but then the centre-right split and a group of anti-Berlusconi dissidents moved
away and supported the leftist government for the 5 whole years," the source
said.
But if Lega's "360-degree scouting led nowhere, failing to strike a wide
political agreement with other forces", a second vote could be unavoidable,
warned the party official.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$E$$$,M$I$$$,M$X$$$,MC$$$$,MI$$$$,MX$$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.