MUSICA (@musiquanonimi)

🇮🇹#Italia #Italy #Resign ◼️Draghi Is Signaling That He’s Determined to Quit Government 2022/07/15 https://www.bloomberg.com/news/articles/2022-07-15/draghi-is-signaling-that-he-s-determined-to-quit-the-government ▶︎The #PrimeMinister offered his resignation in #Rome on Thursday ▶︎The #president has asked #Draghi to try to shore up support #MarioDraghi has #signaled that he’s determined to #resign as Italy’s prime minister next week since he doesn’t have the backing of all the parties in his splintered governing alliance, according to people familiar with the matter. Italian #President #SergioMattarella rejected Draghi’s #resignation on Thursday, urging him to try to shore up support among his parliamentary allies. #Draghi had offered to quit after the second-biggest party in his ruling coalition, #GiuseppeConte’s #FiveStarMovement, effectively abstained in a confidence vote in the #senate. Draghi isn’t willing to reconsider his decision to leave government and is currently expected to reiterate that position when he addresses lawmakers in Rome on Wednesday, said the people, who asked not to be identified because the conversations were private. A # from the prime minister’s office #declined to comment. #FiveStar leaders are set to meet on Saturday to decide how to move forward in the coming days, according to reports in Italian media. A #resignation by Draghi would throw Italy into #turmoil just as Europe is contending with an energy #crisis fomented by #Russia’s #war in #Ukraine. And the uncertainty comes at a difficult time for the #euro area, with the probability of a recession there growing. A decision to resign would thwart frantic attempts by #Mattarella and other political leaders to avert a government crisis before Draghi’s address on Wednesday. #Market reaction to the turmoil has been relatively muted so far as investors seemed convinced that disruptive outcomes such as early #elections remain relatively unlikely.