The China Mail - Italy speeds up presidential vote but deadlock persists

USD -
AED 3.672497
AFN 64.502996
ALL 81.626056
AMD 360.509697
ANG 1.789785
AOA 917.999887
ARS 1537.720904
AUD 1.42128
AWG 1.8025
AZN 1.693708
BAM 1.756231
BBD 2.013047
BDT 124.13403
BGN 1.747831
BHD 0.377413
BIF 3002.420003
BMD 1
BND 1.281647
BOB 12.038845
BRL 5.360703
BSD 0.99943
BTN 95.119137
BWP 13.826143
BYN 2.945822
BYR 19600
BZD 2.010084
CAD 1.404475
CDF 2315.000563
CHF 0.830035
CLF 0.024903
CLP 983.289797
CNY 6.66835
CNH 6.663805
COP 3162.73
CRC 454.457699
CUC 1
CUP 23.987213
CVE 99.01448
CZK 21.881029
DJF 177.975728
DKK 6.711875
DOP 61.402524
DZD 135.308036
EGP 56.0889
ERN 15
ETB 163.857782
EUR 0.89803
FJD 2.244201
FKP 0.75114
GBP 0.751675
GEL 2.570497
GGP 0.75114
GHS 11.648236
GIP 0.75114
GMD 73.999595
GNF 8845.80675
GTQ 7.63805
GYD 209.438376
HKD 7.84547
HNL 26.831951
HRK 6.76901
HTG 130.948372
HUF 329.553019
IDR 18179
ILS 3.125204
IMP 0.75114
INR 95.161498
IQD 1515.218182
IRR 1857000.00028
ISK 121.95999
JEP 0.75114
JMD 158.527332
JOD 0.709022
JPY 158.229
KES 130.000454
KGS 87.448595
KHR 4083.886696
KMF 441.000096
KPW 899.999961
KRW 1343.144948
KWD 0.31103
KYD 0.832963
KZT 455.005455
LAK 22494.601062
LBP 89501.142644
LKR 332.317142
LRD 169.910519
LSL 16.661653
LTL 2.95274
LVL 0.60489
LYD 6.431365
MAD 9.832304
MDL 17.990957
MGA 4540.985152
MKD 55.296394
MMK 2099.630718
MNT 3601.077836
MOP 8.076272
MRU 40.489393
MUR 47.560198
MVR 15.449899
MWK 1733.063347
MXN 18.686565
MYR 4.076597
MZN 63.910247
NAD 16.661653
NGN 1344.170219
NIO 36.780453
NOK 9.27935
NPR 152.193532
NZD 1.780183
OMR 0.38451
PAB 0.999421
PEN 3.447629
PGK 4.480862
PHP 63.980988
PKR 276.5266
PLN 3.953799
PYG 5850.263778
QAR 3.643866
RON 4.805097
RSD 105.560982
RUB 80.621764
RWF 1479.735463
SAR 3.750314
SBD 8.064647
SCR 13.701227
SDG 601.504736
SEK 9.929655
SGD 1.282755
SHP 0.749344
SLE 22.874984
SLL 20969.504398
SOS 571.202795
SRD 37.650503
STD 20697.981008
STN 22.000027
SVC 8.745235
SYP 13001.999685
SZL 16.657163
THB 33.778495
TJS 9.205205
TMT 3.5
TND 2.998649
TOP 2.40776
TRY 49.8373
TTD 6.78409
TWD 32.4321
TZS 2644.427987
UAH 45.57773
UGX 4352.413493
UYU 40.211023
UZS 12008.530699
VES 886.72915
VND 25856.5
VUV 118.98361
WST 2.767767
XAF 589.069206
XAG 0.018644
XAU 0.000247336495
XCD 2.70255
XCG 1.801308
XDR 0.707052
XOF 589.069206
XPF 107.090743
YER 236.150032
ZAR 16.67625
ZMK 9001.199549
ZMW 20.164415
ZWL 321.999592
SSP 5745.470209
MXV 2.107155
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Italy speeds up presidential vote but deadlock persists
Italy speeds up presidential vote but deadlock persists

Italy speeds up presidential vote but deadlock persists

Italy on Friday sought to accelerate the process of electing a new president after days of deadlock that has paralysed Prime Minister Mario Draghi's government, but parliament remained bitterly divided.

Text size:

Four rounds of voting since Monday have failed to produce anything close to a winner, with most lawmakers casting blank ballots or abstaining due to a lack of agreement between the parties.

The fifth round went ahead as planned at 11:00 am (1000 GMT), but political leaders agreed to add another at 5:00 pm, and thereafter two a day for as long as needed.

Due to coronavirus restrictions, parliament had initially scheduled only one round of voting per day.

The presidential vote -- which with its secret ballots and back-room deals is often compared to a papal conclave -- risks deepening fractures within the national unity government that has led the eurozone's third-largest economy with remarkable unity for 11 months.

On Friday, the right-wing bloc in parliament, including Matteo Salvini's League party and Silvio Berlusconi's Forza Italia, finally put forward a candidate, Senate president Elisabetta Casellati.

But as a Berlusconi loyalist known for her opposition to abortion and same-sex unions, she is controversial and unlikely to secure the required majority of votes.

Former premier Berlusconi, who abandoned his own unlikely candidacy at the weekend but has since been in hospital, ostensibly for checks, vouched for her "absolute suitability".

"I appeal to parliamentarians on all sides to ask them to support Casellati," the 85-year-old said in a statement.

But the so-called centre-left bloc, including the Democratic Party and the populist Five Star Movement, decried a "serious error" of choice and boycotted the morning vote.

"The solution is an impartial name we all agree on," Five Star leader and former premier Giuseppe Conte told reporters.

- Draghi benefits? -

Draghi, a former European Central Bank chief brought in to lead the government almost a year ago, remains in the running to be elected the new head of state.

There is widespread concern his departure as prime minister could destabilise the government at a critical time and even spark snap elections -- which few parties want.

But "as the stalemate continues and the political backdrop becomes more toxic, the main beneficiary could end up being either Mario Draghi or (outgoing) President Sergio Mattarella", noted Wolfango Piccoli of the Teneo consultancy.

Mattarella, 80, secured the largest number of votes in Thursday's round of voting, despite repeatedly saying he will not renew his seven-year term.

Debt-laden Italy is recovering from a 2020 pandemic-induced recession but is banking on almost 200 billion euros ($222 billion) in EU funds to cement the trend.

This money is in turn dependent on a tight timetable of reforms -- notably to the tax and justice systems, and public administration -- that many fear will be derailed without Draghi's hand on the tiller.

However, there are fears that the fractures in the coalition caused by the presidential vote -- already showing as parties gear up for elections in 2023 -- will prove irreparable.

The president is a ceremonial figure but wields great power during political crises -- frequent events in Italy, which has had dozens of different governments since World War II.

The vote for the presidency is carried out in parliament among more than 1,000 MPs, senators and regional representatives.

N.Lo--ThChM