Key leader's resignation spells trouble for crisis-hit Europe

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Key leader's resignation spells trouble for crisis-hit Europe
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Italian Premier Mario Draghi has resigned after his ruling coalition fell apart, dealing a destabilising blow to the country and Europe at a time of severe economic uncertainty. 9News

Premier Mario Draghi has resigned after his ruling coalition fell apart, dealing a destabilising blow to the country and Europe at a time of severe economic uncertainty brought on by the coronavirus pandemic and Russia's war in Ukraine.

Mattarella said the new election must be held within 70 days under Italy's Constitution. He said he took the step because the lack of support for Draghi also indicated there was "no possibility" of forming another government that could carry a majority of lawmakers. Any instability in Italy could ripple out to the rest of Europe, which is also facing economic trouble, and deprive the EU of a respected statesman as it seeks to keep up a united front against Russia.

Instead, the centre-right Forza Italia and League parties and the populist Five-Star Movement boycotted a confidence vote in the Senate, a clear sign they were done with Draghi.

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