Italian Prime Minister Mario Draghi will speak to the High Council Senate on Wednesday on the political crisis that can bring down his government and trigger an initial election during international commotion and economic disappointment.
Draghi submitted his resignation last week after the 5 -star Populist movement refused to support his extent in the voting of parliamentary trust.
President Sergio Mattarella rejected his resignation and instead asked him to speak to parliament, hoping he would find a solution that allowed him to remain in office until the end of the legislature in early 2023.
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Senator was summoned for 9.30 in the morning (0730 GMT) and the results of the voting in the Prime Minister’s speech were expected at 7.30 pm. (1730 GMT). The debate about the future of the government is also expected to take place at the Low Council on Thursday.
It seems that a few have changed in the political front since last week, when the 5 star boycotted the voice of trust in the steps aimed at reducing high living costs, complaining that his own concern had been ignored.
It is still unclear whether Draghi remains determined to stop at a certain stage in the next two days, or whether he might change his mind and stay in the office, because many people both inside and outside Italy have urgent, fear of his departure can trigger chaos.
The former Head of the European Central Bank has sufficient support to remain in a 5-star office, but so far he has rejected the option because the original mandate is to lead the national unity coalition with parties from all political spectrums.
5 star leader Giuseppe Conte said that on weekends he wanted Draghi to signal that he was ready to impose some of his policy priorities before renewing his support to the government, including introducing a minimum wage scheme.
Complicated efforts to overcome the division, the Right League party and the Forza Italian allies say they do not want to share their strength with 5 stars.
5 stars have held repeated meetings in the last few days to try to decide on their strategy, but still very divided. Two members of the party parliament told Reuters that on Tuesday night they had not yet received an indication of how to choose in a debate on Wednesday.
If Draghi believes that his government cannot be revived, he will submit his resignation once again to President Mattarella, it is almost certain to open the way for the elections at the end of September or early October.
Italy has not yet had an autumn election since the second world war because it was a period that was usually reserved to compile a budget.
The Fitch Credit Rating Board said on Monday that Draghi’s resignation would make structural reform and fiscal consolidation increasingly challenging in Italy, which has a debt to the second highest GDP in Europe after Greece.