The resignation of Italian Prime Minister Mario Draghi, after his fractionated ruling alliance melted away due to infighting, is undoubtedly a major jolt for the political spectrum of this country which has been witnessing one of the world’s longest volatility in the postwar era – 19 prime ministers in 33 years.
Italian Prime Minister Mario Draghi resigned Thursday after efforts to bring the country's fractious parties to heel failed, kicking off a snap election campaign which could bring the hard right to power.
Italy's popular Prime Minister Mario Draghi told the country's fractious parties Wednesday they would have to support him at a crucial confidence vote or accept responsibility for a crisis analysts say could end in snap elections.
In a big case of Italian deja vu, political turmoil and the ECB's rate hike have reignited fears of a debt crisis, with all eyes on borrowing costs once more.
Italian Prime Minister Mario Draghi said Thursday his country could be independent of Russian gas by the second half of 2024, longer than earlier estimates.
Italian Prime Minister Mario Draghi on Tuesday said the EU needs to emerge stronger from the historic challenges thrown up by the war in Ukraine, including by expanding eastwards.
Italian Prime Minister Mario Draghi arrived in Algeria on Monday as Rome steps up efforts to reduce its heavy reliance on Russian gas.
The re-election of President Sergio Mattarella in Italy has temporarily averted a political disaster and may ease the passing of key reforms, but Machiavellian plotting by political parties has just begun, analysts warn.
Italy's parliament begins voting Monday for a new president, with Prime Minister Mario Draghi the favourite but far from guaranteed in a race that risks destabilising the government.
Billionaire former premier Silvio Berlusconi withdrew from the race for Italy's presidency on Saturday, two days before voting starts, but repeated his opposition to Prime Minister Mario Draghi taking the job.
23 May 2021
Fourteen people died including five Israelis on Sunday when a cable car slammed into the side of a mountain in northern Italy, emergency services said.
13 Feb 2021
Former European Central Bank chief Mario Draghi was formally sworn in as Italy's new prime minister on Saturday, against the backdrop of the deadly coronavirus pandemic and a crippling recession.