Mario Draghi to resign as prime minister of Italy

Despite the 5-Star boycott, Draghi’s measures passed by 172 to 39. However, it left the government at real risk of collapse and could lead to an early election.

“I want to announce that this evening I will present my resignation to the President of the Republic,” Draghi said in a statement.

“Today’s votes in Parliament are very significant from a political point of view. The majority of national unity that has supported this government since its creation is no longer there,” he added.

Draghi was appointed Prime Minister if Italy in 2021 to help the country recover from the Covid-19 crisis. He was seen as a safe pair of hands that would be able to responsibly use the European Union’s Covid recovery funds. Draghi had previously served as President of the European Central Bank from 2011 to 2019. Upon taking the job he appointed a cabinet comprising of people from a wide range of Italy’s political parties.

Draghi had previously said that he would not lead a government that did not include 5-Star, the largest party in Italy’s party. The populist 5-Star movement objected to Draghi’s cost-of-living package on the grounds it didn’t go far enough, though it had been threatening to withdraw its support for a long time.

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