Italy’s Prime Minister Mario Draghi resigned Thursday after coalition partners of the government boycotted a confidence vote, signaling early elections and a renewed period of uncertainty for Italy and Europe at a critical time.
Italian Premier tendered his resignation to President Sergio Mattarella during a morning meeting at the Quirinale Palace. Mattarella’s office said the president had “taken note” of the resignation and asked Draghi’s government to remain on in a caretaker fashion.
Draghi’s government imploded Thursday morning after members of his uneasy coalition of right, left and populists rejected his appeal to finish the legislature’s natural term and ensure implementation of the European Union-funded pandemic recovery program.
Italian PM’s resignation is being seen a big upset in Europe at a time when the economic uncertainty is gripping the European region amid deaths of thousands of people due to sizzling weather and reaction of economic sanctions imposed on Russia.
