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Free AccessOutgoing 5-Star Movement leader set to........>
ITALY: Outgoing 5-Star Movement leader set to deliver official resignation
address in the coming minutes.
- Di Maio stepping down after steady stream of defections by lawmakers from M5S
in recent days & weeks, combined with continued unease with movement's coalition
with establishment Democratic Party.
- Will remain in Cabinet as Foreign Minister.
- Deputy Interior Minister, Senator Vito Crimi, is set to take over as interim
leader until a permanent replacement is selected.
- Di Maio's replacement will have major impact on Italian political stability.
- A radical replacement, such as Deputy Alessandro Di Battista, could see the
national coalition split, given Di Battista's well-known aversion to working
with the PD.
- Alternatively, a candidate seen as close to Di Maio or other figures in the
gov't such as Minister of Economic Development Senator Stefano Patuanelli or
Minister of Justice Alfonso Bonafede could point towards a continuation of the
current administration.
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.