Italian Prime Minister Giuseppe Conte handed in his resignation to the head of state on Tuesday, hoping he would be given an opportunity to put together a new coalition and rebuild his parliamentary majority.
The deepening political crisis is playing out against the backdrop of the coronavirus pandemic, which has killed more than 86,000 Italians — the second highest death toll in Europe after Britain and the sixth highest in the world.
Conte lost his absolute majority in the upper house Senate last week when a junior partner, the Italia Viva party headed by former premier Matteo Renzi, quit in a row over the government’s handling of the coronavirus crisis and economic recession.
Efforts to lure centrist and independent senators into the coalition to fill the hole left by Renzi have met little success, leaving Conte no choice but to resign and open a formal government crisis that will give him more time to find a deal.
Hours after resigning Conte made a new impassioned appeal for support, posting on Facebook that he wanted to build a government of “national rescue” with a broader and more secure majority.
“It is time for the voices to emerge in parliament of those who have in their hearts the future of the republic,” he said.
President Sergio Mattarella has given Conte some time by delaying his formal consultations with the main parties until Thursday and Friday, after which he will decide on the best way out of the political quagmire. [L8N2K16DW]
If he thinks Conte can secure the necessary backing to pull together a new administration, the president will likely give him a few days more days to try to finalise a deal and draw up a new cabinet.
Financial markets edged higher despite the latest political tumult, with investors hopeful that Conte might eventually emerge with a more stable government.
Until now the main coalition parties — the anti-establishment 5-Star Movement and centre-left Democratic Party (PD) — have backed Conte’s efforts to stay in power.
“Conte is the essential element and we need to broaden and relaunch the government’s action,” Debora Serracchiani, the deputy head of the PD, told state broadcaster RAI.