Draghi’s resignation comes after several key parties in his coalition – the powerful 5-star movement, the country’s largest coalition government party, the center-right Forza Italia and the far-right league – boycotted Wednesday. at night a vote of confidence in the government. .
Mattarella, who accepted the resignation, is scheduled to meet with Speakers of Parliament this Thursday afternoon, the presidential palace said in a statement. The next step is to call early elections.
Last week, Draghi resigned for the first time after the 5-star movement withdrew its support in a parliamentary confidence vote on a package designed to deal with the cost-of-living crisis in Italy. Draghi had previously said he would not lead a government that did not include 5 stars.
This resignation, however, was rejected by the President of Italy, Sergio Mattarella, who urged him to stay and find a solution.
On Thursday, the FTSEMIB, Italy’s largest stock exchange, fell more than 2.5% after the country’s government fell on the brink of collapse.
CNN’s Sharon Braithwaite contributed to the reports.