Business Standard

Italian PM Mario Draghi to quit after 5-Star mutiny

Draghi's resignation was necessitated after a party in his ruling coalition did not participate in a confidence vote

Mario Draghi
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Italian Prime Minister Mario Draghi (Photo: Reuters)

Reuters Rome
Italian Prime Minister Mario Draghi said he would resign on Thursday after the 5-Star Movement, a party in his ruling coalition failed to support a confidence vote, plunging Italy into political chaos.

"I will tender my resignation to the president of the republic this evening," Draghi told the cabinet, according to a statement released by his office.

"The national unity coalition that backed this government no longer exists," added Draghi, the former European Central Bank president who has been prime minister of a broad coalition since February 2021.

The confidence vote had become a focal point for tensions within Draghi's government as its

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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