net_left adver left

Draghi demands party unity as condition for staying on as Italian pm

Thursday, July 21, 2022

By Giuseppe Fonte and Crispian Balmer

ROME (Reuters) -Italian Prime Minister Mario Draghi on Wednesday demanded unity among his coalition partners if they wanted him to stay in office, leaving his resignation threat hanging over parliament.

Draghi set out a series of issues facing Italy ranging from the war in Ukraine to social inequality and rising prices, and said political parties needed to get behind him if he was to steer the country to elections due in the first half of 2023.

"The only way, if we want to stay together, is to rebuild this pact, with courage, altruism and credibility," Draghi said in an uncompromising speech to the upper house, adding that this was what Italians wanted.

"Are the parties and you parliamentarians ready to rebuild this pact?" he added.

However, senators from the populist 5-Star Movement, which triggered the crisis last week after refusing to support the government in a confidence vote, did not applaud at the end of the speech -- nor did the rightist League party.

Draghi tendered his resignation last week after 5-Star walk out, but President Sergio Mattarella turned him down and told him to go back before parliament to see if he could revive the 18-month-old administration.

The Senate held a lengthy debate following Draghi's speech and was due to hold a de-facto vote on the future of the government by 7:30 p.m. (1730 GMT). The lower house was scheduled to discuss the political turmoil on Thursday.

The former European Central Bank chief has enough backing to remain in office without 5-Star, but he has so far rejected that option because his original mandate was to lead a national unity coalition with parties from across the political spectrum.

Complicating efforts to overcome the divisions, the League and its Forza Italia allies have said they do not want to share power with 5-Star anymore.

"We need a new government headed by you, prime minister," the League's leader in the Senate, Massimiliano Romeo, told the chamber, adding that the alternative would be early elections.

"There is more than one way out of this (crisis), but there must be a strong discontinuity. At this point the choice is yours prime minister," he said.

AUTUMN ELECTIONS

If Draghi decides the government can no longer continue, the president is likely to call elections in September or October. Italy has not had an autumn election since World War Two as that is the period normally reserved for drawing up the budget.

Draghi addressed core concerns of the 5-Star, saying it was important to tackle growing social inequality and pledging that the government would move towards introducing a minimum salary.

He also indicated that he would act on some of the League's policy priorities, such as cutting taxes and giving greater autonomy to the regions. But he also said the country needed to take potentially unpopular measures, such as enacting a law on boosting competition that the League has lobbied against.

"Italy does not need a veneer of trust, which vanishes in front of inconvenient measures. It needs a new pact of trust, sincere and concrete," he told coalition partners.

5-Star leaders said nothing in the hours that followed Draghi's speech and it was far from clear if they would rally behind his appeal. It was also not clear if Draghi was prepared to continue with a reduced majority should they leave.

"Draghi offered much more stick than carrot in this speech," said Francesco Galietti, head of the political risk consultancy Policy Sonar. "He indicated that he wanted to stay, but he also made clear what he doesn't like about the current situation."

Leave your comment
HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
19-08-2022 14:51:48 (UTC+7)

EUR/USD

1.0093

+0.0005 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/USD

1.0093

+0.0005 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

GBP/USD

1.1916

-0.0014 (-0.12%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

USD/JPY

136.57

+0.69 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6910

-0.0008 (-0.12%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

USD/CAD

1.2968

+0.0022 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (9)

EUR/JPY

137.84

+0.76 (+0.55%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9665

+0.0013 (+0.13%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,767.35

-3.85 (-0.22%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (0)

Silver Futures

19.185

-0.279 (-1.43%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

Copper Futures

3.6285

-0.0030 (-0.08%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

89.81

-0.69 (-0.76%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Brent Oil Futures

95.90

-0.69 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

9.096

-0.092 (-1.00%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (3)

US Coffee C Futures

214.80

-2.65 (-1.22%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

3,761.05

-16.33 (-0.43%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

S&P 500

4,283.74

+9.70 (+0.23%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (8)

DAX

13,629.18

-68.23 (-0.50%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

FTSE 100

7,539.60

-2.25 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

Hang Seng

19,763.50

-0.41 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,000.73

+13.41 (+0.68%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

IBEX 35

8,388.55

-41.75 (-0.50%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (8)

BASF SE NA O.N.

43.300

-0.140 (-0.32%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

53.51

-0.55 (-1.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Allianz SE VNA O.N.

177.26

-1.26 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Adidas AG

166.28

-1.24 (-0.74%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Lufthansa AG

6.410

-0.156 (-2.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

109.69

-0.57 (-0.52%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Bank AG

8.676

-0.192 (-2.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

 EUR/USD1.0093↑ Buy
 GBP/USD1.1916Sell
 USD/JPY136.57↑ Buy
 AUD/USD0.6910Sell
 USD/CAD1.2968↑ Sell
 EUR/JPY137.84↑ Buy
 EUR/CHF0.9665Sell
 Gold1,767.35↑ Buy
 Silver19.185Neutral
 Copper3.6285↑ Buy
 Crude Oil WTI89.81↑ Buy
 Brent Oil95.90↑ Buy
 Natural Gas9.096↑ Buy
 US Coffee C214.80↑ Sell
 Euro Stoxx 503,761.05↑ Sell
 S&P 5004,283.74Sell
 DAX13,629.18↑ Sell
 FTSE 1007,539.60↑ Buy
 Hang Seng19,763.50↑ Buy
 Small Cap 20002,000.73↑ Buy
 IBEX 358,388.55↑ Sell
 BASF43.300↑ Sell
 Bayer53.51↑ Sell
 Allianz177.26↑ Buy
 Adidas166.28↑ Sell
 Lufthansa6.410↑ Sell
 Siemens AG109.69↑ Sell
 Deutsche Bank AG8.676↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,590/ 6,690
(-10/ -10) # 1,716
SJC HCM6,620/ 6,720
(0/ 0) # 1,744
SJC Hanoi6,620/ 6,722
(0/ 0) # 1,746
SJC Danang6,620/ 6,722
(0/ 0) # 1,746
SJC Nhatrang6,620/ 6,722
(0/ 0) # 1,746
SJC Cantho6,620/ 6,722
(0/ 0) # 1,746
Cập nhật 19-08-2022 14:51:50
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,753.77-4.8-0.27%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
ↂ Giá dầu thô thế giới
WTI$89.86+0.040.05%
Brent$95.93-0.32-0.33%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR22.981,7524.268,73
GBP27.175,3928.334,31
JPY167,13176,93
KRW15,2618,59
Cập nhật lúc 14:49:07 19/08/2022
Xem bảng tỷ giá hối đoái
adver main right