Parties have voted overwhelmingly for President Mattarella to remain for a second term, averting the political chaos a failure to elect his successor could have sparked in the eurozone's third-largest economy.
Momentum appeared to be building for President Sergio Mattarella to reconsider his refusal to serve a second term as head of state after repeated failure to find a consensus candidate.
The president has the final say in naming the prime minister and is often called on to resolve political crises in the euro zone’s third largest economy.
Thousands of fans, including the president and the Pope, cheer the Italian team after its victory at the Euro 2020.
Mario Draghi begins the final round of talks with smaller parties on forming a new Italian government, followed by separate meetings with key players including M5S, PD, and the League.
President Mattarella’s move to give Draghi a mandate to put together a high-profile administration comes after talks fail to salvage Prime Minister Giuseppe Conte’s shattered coalition.
Italian President Sergio Mattarella, who said he wanted a "high-profile" administration to take office to tackle the health emergency, summons former European Central Bank President Mario Draghi for talks.
Prime Minister Giuseppe Conte resigns in the hope of forming a new government after weeks of turmoil in his ruling coalition, leaving the European country rudderless amid surging coronavirus.
After a career breaking glass ceilings to join a tiny global elite, Christine Lagarde will bring experience of cool-headed crisis fighting to her job as first female head of the European Central Bank.
The deal between populist 5-Star Movement and centre-left Democratic Party, two historic enemies, is set to bring to an end what Italian newspapers have dubbed “the craziest crisis ever”.
President Sergio Mattarella seeks swift end to weeks of political turmoil while Democratic Party raises bar for coalition deal with 5-Star.
Announcing his resignation, Italian Prime Minister Giuseppe Conte made a blistering attack on his own interior minister, Matteo Salvini, accusing him of sinking the ruling coalition and endangering the economy for personal and political gain.
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