- Analytics
- News and Tools
- Market News
- Govt statement: Italy's PM Draghi will resign
Govt statement: Italy's PM Draghi will resign
Reuters reports that Mario Draghi said he would resign as Italian prime minister on Thursday after a party in his ruling coalition did not participate in a confidence vote.
"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," he added.
Key notes
- 5-star's non-participation in the confidence vote was "very significant from a political point of view".
- The "national unity" coalition that backed this government no longer exists.
- The conditions are no longer in place for me to carry on.
- I will tender my resignation to the president this evening.
Meanwhile, the euro remains pressured around 1.0000 vs the greenback on Thursday after falling to its lowest level yet to 0.9952 on Thursday.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
