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Free AccessPD Lawmakers Call On PM To Resign Say Will Support Him To Lead Next Gov't
Wires and social media reporting that lawmakers from the centre-left Democratic Party, the junior partner in the governing coalition, have called for PM Giuseppe Conte to resign, adding that they will support him to lead the next gov't.
- The lawmakers say that as things stand, Conte does not have enough support in parliament to get the Justice Report through.
- The vote on the annual report on the justice system set to take place later this week in the Senate. Defeat would effectively end the gov't. An early resignation might give Conte more time to try to put together a broad majority gov't.
- Dial seemed to be moving towards snap election last week, but clearly there are major efforts to find a new majority among governing parties and others in parliament.
- Should note that due to constitutional changes, if an election is called the number of parliamentarians is set to be cut significantly, meaning many lawmakers will lose their seats even if their party does well. This may discourage some from seeking to bring the gov't down.
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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.