Draghi Cabinet
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Draghi Cabinet
The Draghi government was the 67th government of the Italian Republic, led by former President of the European Central Bank, Mario Draghi. It was in office between 13 February 2021 and 22 October 2022. The Draghi government was formed following the resignation of Prime Minister Giuseppe Conte in the midst of a political crisis which led to the Conte government losing its majority. After consultations with political parties, President Sergio Mattarella tasked Draghi with forming a "high-profile" government. Mattarella stated that the new government would have to face the health, economic and social crises related to the COVID-19 pandemic, as well as overseeing the EU relief fund associated with it. The Draghi government was described as a national unity government by numerous news sources. The choice by Mattarella to appoint Draghi as Prime Minister was welcomed by some international observers, with others casting doubt on the stability of a new technocratic government. The Dr ...
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Mario Draghi
Mario Draghi (; born 3 September 1947) is an Italian economist, academic, banker and civil servant who served as prime minister of Italy from February 2021 to October 2022. Prior to his appointment as prime minister, he served as President of the European Central Bank (ECB) between 2011 and 2019. Draghi was also Chair of the Financial Stability Board between 2009 and 2011, and Governor of the Bank of Italy between 2006 and 2011. After a lengthy career as an academic economist in Italy, Draghi worked for the World Bank in Washington, D.C., throughout the 1980s, and in 1991 returned to Rome to become Director General of the Italian Treasury. He left that role after a decade to join Goldman Sachs, where he remained until his appointment as Governor of the Bank of Italy in 2006. His tenure as Governor coincided with the 2008 Great Recession, and in the midst of this he was selected to become the first Chair of the Financial Stability Board, the global standard-setter that replaced ...
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Alternativa (political Party)
Alternativa ( en, Alternative, A or Alt) is a populist and Eurosceptic political party in Italy. It was established in February 2021 as a parliamentary sub-group of the Mixed Group named L'Alternativa c'è ( en, There is an Alternative). Its members are former deputies of the Five Star Movement who were expelled from the party for having voted against Mario Draghi's government. On 15 November 2021, Alternative became a full-fledged party and adopted its current name. The party's three senators sat in the Constitution, Environment, Labour group. History Following the resignation of Prime Minister Giuseppe Conte, the Five Star Movement (M5S) asked its members to vote on the party's support to Mario Draghi's government. The party's members approved the online referendum with 59.3% of votes. During the investiture votes in the Parliament on 17–18 February 2021 for the Draghi government, 15 senators and 16 deputies voted against the new cabinet, being immediately expelled by the ...
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Next Generation EU
Next Generation EU (NGEU, also called the European Union Recovery Instrument) is a European Union (EU) economic recovery package to support the EU member states to recover from the COVID-19 pandemic, in particular those that have been particularly hard hit. Agreed in principle by the European Council on 21 July 2020 and adopted on 14 December 2020, the instrument is worth . NGEU will operate from 2021 to 2026, and will be tied to the regular 2021–2027 budget of the EU's Multiannual Financial Framework (MFF). The comprehensive NGEU and MFF packages are projected to reach €1824.3 billion. Background Europe was struck by its initial wave of the COVID-19 pandemic in March 2020. The first-hit and the hardest-hit country in the EU was Italy, which promptly placed its contaminated zones in lockdown, putting health concerns over financial ones. Gradually, the other member states encountered the first wave of the pandemic; and by 17 March 2020 all member states had reported ...
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COVID-19 Pandemic In Italy
The COVID-19 pandemic in Italy is part of the ongoing pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was first confirmed to have spread to Italy on 31 January 2020, when two Chinese tourists in Rome tested positive for the virus. One week later an Italian man repatriated to Italy from the city of Wuhan, China, was hospitalized and confirmed as the third case in Italy. Clusters of cases were later detected in Lombardy and Veneto on 21 February, with the first deaths on 22 February. By the beginning of March, the virus had spread to all regions of Italy. On 31 January, the Italian government suspended all flights to and from China and declared a state of emergency. In February, eleven municipalities in northern Italy were identified as the centres of the two main Italian clusters and placed under quarantine. The majority of positive cases in other regions traced back to these two clusters. On 8 March 2020, Pr ...
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President Of Italy
The president of Italy, officially denoted as president of the Italian Republic ( it, Presidente della Repubblica Italiana) is the head of state of Italy. In that role, the president represents national unity, and guarantees that Italian politics comply with the Constitution. The president is the commander-in-chief of the Italian Armed Forces and chairs the High Council of the Judiciary. A president's term of office lasts for seven years. The incumbent president is former constitutional judge Sergio Mattarella, who was elected on 31 January 2015, and re-elected on 29 January 2022. Qualifications for office The framers of the Constitution of Italy intended for the president to be an elder statesman of some stature. Article 84 states that any Italian citizen who is fifty or older on election day and enjoys civil and political rights can be elected president. The article also states that the presidency is incompatible with any other office; therefore, the president-elect mu ...
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Conte II Cabinet
The second Conte government was the 66th government of the Italian Republic and the second government led by Giuseppe Conte. The government was sworn in on 5 September 2019 to 13 February 2021. The government was supported by the anti-establishment Five Star Movement (M5S) and the centre-left Democratic Party (PD), along with the leftist parliamentary group Free and Equal (LeU). On 17 September 2019 the centrist party Italia Viva (IV), which splintered from the PD on that day, announced its support for the coalition, as well. The government has been referred to as the "yellow-red government" (), based on the customary colours of the main supporting parties. The second Conte government had the lowest average age of its members in the history of the Italian Republic. On 13 January 2021, after weeks of disagreements within the government coalition, the two ministers of IV resigned from their posts. Having lost the full support of one of the parties forming the government, Prime ...
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Giuseppe Conte
Giuseppe Conte (; born 8 August 1964) is an Italian jurist, academic, and politician who served as Prime Minister of Italy, prime minister of Italy from June 2018 to February 2021. He has been the president of the Five Star Movement (M5S) since August 2021. Conte spent the greater part of his career as a private law professor and was also a member of the Italian Bureau of Administrative Justice from 2013 to 2018. Following the 2018 Italian general election, he was proposed as the independent leader of a coalition government between the M5S and the Lega Nord, League, despite his having never held any political position before. After both parties agreed on a programme of government, he was sworn in as Prime Minister on 1 June by President Sergio Mattarella, appointing the M5S and League leaders as his joint deputies. In August 2019, the League filed a motion of no confidence in the coalition government and Conte offered to resign as Prime Minister; the M5S and the Democratic Par ...
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President Of The European Central Bank
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU). The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Lagarde has served as the president of the ECB since 1 November 2019. She is the first woman to hold the post. Role and appointment The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G20. The officeholder is appointed by a qualified majority vote of the European Council, ''de facto'' by those who have adopted the euro, for an eight-year non-renewable term. History Duisenberg Wim Duisenberg was President of the European Monetary Institute (EMI) when it became the ECB, just prior to the launch of the Euro, on 1 June 19 ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ...
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Meloni Government
The Meloni government is the 68th government of the Italian Republic, the first led by the president of Brothers of Italy, Giorgia Meloni, who is also the first woman to hold the office of Prime Minister of Italy. The government was announced on 21 October 2022 and was officially sworn in on the next day. It was one of the fastest government formations in the history of the Italian Republic. It was variously described as a shift to the political right, as well as the first far-right-led coalition in Italy since World War II. Supporting parties The majority supporting the government consists of the following parties: History Government formation Immediately after the first meeting of the Italian Parliament's new legislature, tensions began to grow within the centre-right coalition. On 13 October, Silvio Berlusconi refused to support Ignazio La Russa, a politician with a neo-fascist background and the Brothers of Italy (FdI) candidate to be President of the Senate of the ...
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Second Conte Government
The second Conte government was the 66th government of the Italian Republic and the second government led by Giuseppe Conte. The government was sworn in on 5 September 2019 to 13 February 2021. The government was supported by the anti-establishment Five Star Movement (M5S) and the centre-left Democratic Party (PD), along with the leftist parliamentary group Free and Equal (LeU). On 17 September 2019 the centrist party Italia Viva (IV), which splintered from the PD on that day, announced its support for the coalition, as well. The government has been referred to as the "yellow-red government" (), based on the customary colours of the main supporting parties. The second Conte government had the lowest average age of its members in the history of the Italian Republic. On 13 January 2021, after weeks of disagreements within the government coalition, the two ministers of IV resigned from their posts. Having lost the full support of one of the parties forming the government, Prime ...
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2022 Italian Government Crisis
The 2022 Italian government crisis was a political event in Italy that began on 14 July. It includes the events that followed the announcement of Giuseppe Conte, leader of the Five Star Movement (M5S) and former Prime Minister of Italy, that the M5S would revoke its support to the national unity government of Mario Draghi over a bill regarding an economic stimulus to combat the ongoing energy and economic crisis. The government fell a week later when the M5S, Lega, and Forza Italia did not participate in a confidence vote for the government. On 14 July, despite having largely won the confidence vote, Prime Minister Draghi offered his resignation, which was rejected by President Sergio Mattarella. On 21 July, Draghi resigned again after a new confidence vote in the Senate failed to pass with an absolute majority, following the defections of M5S, Lega, and Forza Italia; President Mattarella accepted Draghi's resignation and asked Draghi to remain in place to handle current affa ...
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