February 14, 2021
2 mins read

Mario Draghi sworn in as Italy’s new PM

The Italian government formed by newly-appointed Prime Minister Mario Draghi, who was also the former chief of the European Central Bank (ECB), was officially sworn in.

Draghi formally accepted the mandate on Friday evening after meeting President Sergio Mattarella. The former ECB chief had received the task on February 3, following the collapse of the previous government led by Giuseppe Conte after a junior ally pulled out of the coalition, Xinhua news agency reported on Saturday.

The ceremony took place at the Quirinal presidential palace on Saturday noon. The new cabinet counts 23 ministers, comprising 15 political figures and 8 technical ones.

Some were confirmed in their offices, such as Minister of Foreign Affairs Luigi Di Maio, leader of Five Star Movement (M5S) majority party, Interior Minister Luciana Lamorgese, Health Minister Roberto Speranza, and Defense Minister Lorenzo Guerini.

Draghi also called in new figures whose roles would be crucial in the months ahead, with regard to both the fight against the coronavirus pandemic and the economic recovery.

Among them, Bank of Italy’s deputy governor Daniele Franco was named as Economy and Finance Minister; senior right-wing League party official Giancarlo Giorgetti as Minister for Economic Development; and former chief executive officer of Vodafone Group Vittorio Colao as Minister for Technological Innovation and Digital Transition.

New names were also Roberto Cingolani, scientific director of the Italian Institute of Technology (IIT), appointed as Minister for Ecological Transition; statistician Enrico Giovannini as Infrastructure and Transport Minister; and former president of Italy’s Constitutional Court Marta Cartabia as Justice Minister.

Next week, the cabinet will have to go before parliament for the necessary double votes of confidence in the senate and lower house, respectively.

During consultations with parties before formally accepting his mandate, Draghi received the support of all the political forces in parliament but one.

 Italian President Sergio Mattarella (L) and Prime Minister Mario Draghi pose for a photo at the Quirinal presidential palace in Rome, Italy, Feb. 13, 2021. (Pool via Xinhua)

A key priority for his government will be related to the plan to allocate the 209-billion-euro (US $253 billion) package the European Union (EU) will provide to restart the Italian economy.

A national Resilience and Recovery Plan has already been outlined by the previous government, which specified the macro-areas of intervention, and the necessary reforms to relaunch the country.

The new cabinet will have to complete the plan, eventually amending it, before submitting it to the European Commission for approval by April.

Also Read-Earthquake strikes Japan: No Tsunami alert

Previous Story

Earthquake strikes Japan: No Tsunami alert

Next Story

Trump acquitted in second Senate impeachment

Latest from -Top News

Grave Horror in Lanka

Suspicions are mounting that the body remains may belong to civilians who disappeared during the brutal civil war between government forces and Tamil Tiger rebels, which raged from 1983 until its bloody

US General Axed Over Trump Clash

Lt Gen. Kruse is the latest high-ranking official to be removed under the second Trump administration and the second senior military intelligence leader to be ousted….reports Asian Lite News The Pentagon has

London Puts Beijing on Hold

The proposed embassy, earmarked for the site of a historic two-century-old building near the Tower of London, has been bogged down in dispute for more than three years…reports Asian Lite News The

Hands Off City Cash, Judge Tells Trump

The court’s latest order underscores a growing judicial pushback against efforts by the Trump administration to penalize sanctuary communities….reports Asian Lite News A federal judge in San Francisco has ruled that the

Pentagon restricts Ukraine’s use of US missiles

The disclosure comes as President Donald Trump grows increasingly frustrated at his failure to deliver a breakthrough in the three-year-old conflict…reports Asian Lite News The United States is quietly preventing Ukraine from
Go toTop