MILAN, Oct 5 (Reuters Breakingviews) - Italian Prime Minister Mario Draghi has emerged stronger from the country’s local elections. Centre-left candidates reaped big wins in the large cities of Milan, Naples and Bologna on Sunday and Monday read more . Meanwhile Matteo Salvini’s rightist League had a poor showing, coming behind the hard-right Brothers of Italy party in several municipalities. Salvini’s electoral humiliation reduces the chances that he will break away from the ruling coalition and call for early elections. This is a boon for Draghi, the former European Central Bank president whose government is currently propped up by a broad group of right and left parties. He now has a better chance of staying in place until the end of the legislature in March 2023. It’s also a positive for Italy: Draghi is pushing through key reforms to improve the country’s judicial system and public administration . He is also overseeing projects linked to some 200 billion euros of European Union post-pandemic funds. By staying longer at the helm, he has more time to revamp Italy. (By Lisa Jucca) On Twitter http://twitter.com/breakingviews MILAN, Oct 5 (Reuters Breakingviews) - Italian Prime Minister Mario Draghi has emerged stronger from the country’s local elections. Centre-left candidates reaped big wins in the large cities of Milan, Naples and Bologna on Sunday and Monday read more . Meanwhile Matteo Salvini’s rightist League had a poor showing, coming behind the hard-right Brothers of Italy party in several municipalities. Salvini’s electoral humiliation reduces the chances that he will break away from the ruling coalition and call for early elections. This is a boon for Draghi, the former European Central Bank president whose government is currently propped up by a broad group of right and left parties. He now has a better chance of staying in place until the end of the legislature in March 2023. It’s also a positive for Italy: Draghi is pushing through key reforms to improve the country’s judicial system and public administration . He is also overseeing projects linked to some 200 billion euros of European Union post-pandemic funds. By staying longer at the helm, he has more time to revamp Italy. (By Lisa Jucca) On Twitter http://twitter.com/breakingviews Capital Calls - More concise insights on global finance: China trade threats could backfire read more Microsoft’s dealmaking prowess read more Pandora Papers vs. Facebook Files read more MILAN, Oct 5 (Reuters Breakingviews) - Italian Prime Minister Mario Draghi has emerged stronger from the country’s local elections. Centre-left candidates reaped big wins in the large cities of Milan, Naples and Bologna on Sunday and Monday read more . Meanwhile Matteo Salvini’s rightist League had a poor showing, coming behind the hard-right Brothers of Italy party in several municipalities. Salvini’s electoral humiliation reduces the chances that he will break away from the ruling coalition and call for early elections. This is a boon for Draghi, the former European Central Bank president whose government is currently propped up by a broad group of right and left parties. He now has a better chance of staying in place until the end of the legislature in March 2023. It’s also a positive for Italy: Draghi is pushing through key reforms to improve the country’s judicial system and public administration . He is also overseeing projects linked to some 200 billion euros of European Union post-pandemic funds. By staying longer at the helm, he has more time to revamp Italy. (By Lisa Jucca) On Twitter http://twitter.com/breakingviews Capital Calls - More concise insights on global finance: China trade threats could backfire read more Microsoft’s dealmaking prowess read more Pandora Papers vs. Facebook Files read more Geely’s Volvo IPO should go better this time read more U.S. cable giant could spoil BT’s fibre party read more
مشاركة :