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PM Draghi Calls Confidence Vote In His Senate Speech, Uncertainty Ahead

ITALY

Alessandro Speciale at BBG tweets: "Draghi doubled down on the uncompromising approach. He called a confidence vote on a one line text that simply asks lawmakers to "approve" his speech this morning. Frantic attempts at a compromise text are ignored, parties now going into tailspin. Vote later this PM"

  • Earlier today, vote seen as likely around 1845CET (1245ET, 1745BST), could be sooner following Draghi's call for confidence vote.
  • Lorenzo Pregliasco at YouTrend tweets: "A very brief - and firm - rebuttal by Draghi moments ago in the Senate. No concessions to Five Stars or to the center-right, as some expected. Basically everything can happen now. Both 5S and FI/Lega support in the imminent confidence vote appears uncertain."

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