The China Mail - Italian MPs fail in third bid to elect president

USD -
AED 3.673099
AFN 71.025985
ALL 86.949831
AMD 389.450198
ANG 1.80229
AOA 916.000203
ARS 1164.994971
AUD 1.56509
AWG 1.8025
AZN 1.701759
BAM 1.71838
BBD 2.002943
BDT 121.466383
BGN 1.71689
BHD 0.376938
BIF 2973.281671
BMD 1
BND 1.309998
BOB 6.907549
BRL 5.619785
BSD 0.999671
BTN 85.150724
BWP 13.648225
BYN 3.271568
BYR 19600
BZD 2.008127
CAD 1.382625
CDF 2878.000017
CHF 0.823455
CLF 0.024644
CLP 945.690037
CNY 7.269498
CNH 7.26815
COP 4197
CRC 505.37044
CUC 1
CUP 26.5
CVE 97.14957
CZK 21.893987
DJF 177.719903
DKK 6.552957
DOP 58.850011
DZD 132.28903
EGP 50.803098
ERN 15
ETB 131.849836
EUR 0.87781
FJD 2.290499
FKP 0.746656
GBP 0.74558
GEL 2.745035
GGP 0.746656
GHS 15.297057
GIP 0.746656
GMD 71.500526
GNF 8656.000059
GTQ 7.699235
GYD 209.77442
HKD 7.758725
HNL 25.824996
HRK 6.615497
HTG 130.805895
HUF 354.894502
IDR 16717.55
ILS 3.623935
IMP 0.746656
INR 85.17125
IQD 1310
IRR 42100.000123
ISK 128.229838
JEP 0.746656
JMD 158.360167
JOD 0.709201
JPY 142.322502
KES 129.504675
KGS 87.450007
KHR 4002.999591
KMF 432.250165
KPW 900.101764
KRW 1431.070178
KWD 0.30622
KYD 0.833088
KZT 511.373521
LAK 21619.999738
LBP 89549.99972
LKR 299.461858
LRD 199.525007
LSL 18.560047
LTL 2.95274
LVL 0.60489
LYD 5.455025
MAD 9.26225
MDL 17.204811
MGA 4510.00033
MKD 54.016924
MMK 2099.785163
MNT 3572.381038
MOP 7.988121
MRU 39.725023
MUR 45.195004
MVR 15.405152
MWK 1735.999776
MXN 19.551245
MYR 4.324002
MZN 64.009864
NAD 18.559961
NGN 1603.189819
NIO 36.702674
NOK 10.376205
NPR 136.24151
NZD 1.684466
OMR 0.384994
PAB 0.999671
PEN 3.666498
PGK 4.030502
PHP 56.070013
PKR 281.049939
PLN 3.74768
PYG 8005.869096
QAR 3.641499
RON 4.368904
RSD 102.971863
RUB 81.998675
RWF 1417
SAR 3.750917
SBD 8.361298
SCR 14.236431
SDG 600.498111
SEK 9.645325
SGD 1.307665
SHP 0.785843
SLE 22.75011
SLL 20969.483762
SOS 571.498004
SRD 36.850246
STD 20697.981008
SVC 8.747337
SYP 13001.961096
SZL 18.560117
THB 33.448986
TJS 10.556725
TMT 3.51
TND 2.974021
TOP 2.342102
TRY 38.48222
TTD 6.782788
TWD 32.336697
TZS 2689.999794
UAH 41.532203
UGX 3663.759967
UYU 42.093703
UZS 12944.999923
VES 86.54811
VND 26005
VUV 121.306988
WST 2.770092
XAF 576.326032
XAG 0.030331
XAU 0.000301
XCD 2.70255
XDR 0.715661
XOF 575.000121
XPF 105.250222
YER 245.049681
ZAR 18.54225
ZMK 9001.195433
ZMW 27.966701
ZWL 321.999592
  • RBGPF

    -0.4500

    63

    -0.71%

  • VOD

    0.0100

    9.58

    +0.1%

  • NGG

    0.1900

    73.04

    +0.26%

  • CMSC

    -0.0800

    22.24

    -0.36%

  • GSK

    0.9100

    38.97

    +2.34%

  • RELX

    0.4300

    53.79

    +0.8%

  • BTI

    0.4700

    42.86

    +1.1%

  • BP

    -1.0600

    28.07

    -3.78%

  • RYCEF

    -0.1300

    10.12

    -1.28%

  • RIO

    0.0100

    60.88

    +0.02%

  • JRI

    0.1300

    12.93

    +1.01%

  • SCS

    0.1500

    10.01

    +1.5%

  • CMSD

    -0.1300

    22.35

    -0.58%

  • BCC

    -0.8300

    94.5

    -0.88%

  • BCE

    0.1100

    21.92

    +0.5%

  • AZN

    1.7800

    71.71

    +2.48%

Italian MPs fail in third bid to elect president
Italian MPs fail in third bid to elect president

Italian MPs fail in third bid to elect president

Italian lawmakers failed Wednesday to elect a new president in a third round of voting, as bickering party leaders blamed each other for pushing the country towards a political crisis.

Text size:

Prime Minister Mario Draghi, who was the frontrunner for the post ahead of the election, pocketed just five votes as parties panicked at the idea of pulling him from his job.

Political analysts have warned that moving the former European Central Bank head to the presidential palace could deal a fatal blow to an already weak ruling coalition, sparking snap elections.

A fourth round of voting will be held Thursday morning and could lead to a breakthrough, as the threshold for victory now falls from a two-thirds majority to an absolute majority.

Italy's president is a ceremonial figure but wields great power in crises. Doubts over candidates led some 412 of the 1,000 or so voting MPs, senators and regional representatives to cast blank ballots Wednesday.

Outgoing 80-year old president Sergio Mattarella -- who has repeatedly ruled out serving a second term -- won the most votes, with 125 ballots.

- Names 'shot down' -

Draghi, 74, who was brought in to lead a national unity government a year ago, had been hailed by some as the best candidate for the seven-year presidential post because of his perceived skill in ensuring political stability.

But most insist he stay as premier to oversee reforms demanded in exchange for funds from the EU's post-pandemic recovery scheme.

Rome is the biggest beneficiary of the programme, to the tune of almost 200 billion euros ($225 billion).

Draghi hinted last month he is interested in becoming head of state but has since remained silent on the issue.

Marco Travaglio, editor of the Fatto Quotidiano daily, compared him Tuesday to Francesco Schettino, the disgraced captain who was convicted of abandoning ship when the Costa Concordia cruise ship sank off Italy in 2012.

"The parties are asking him to stay (as PM), and he wants to escape," he said.

- 'Still in the race' -

Draghi "is still in the race and still has a significant chance" of being elected, Giovanni Orsina, head of the Luiss School of Government in Rome, told AFP.

Former Chamber of Deputies speaker Pier Ferdinando Casini, 66, who got 52 votes Wednesday, had better chances, Orsina said, but warned "things change very quickly".

Matteo Salvini, head of the far-right League party, accused the centre-left of shooting down every single name put forward by the right -- which had initially backed billionaire magnate Silvio Berlusconi.

Berlusconi, who formally withdrew from the race on the weekend, won four votes at Wednesday's ballot.

"I'm trying to negotiate", but "any name I put forward I get 'no' from the opposite side," Salvini said.

He and others on the right flatly rejected a proposal by the leader of the centre-left Democratic Party (PD), Enrico Letta, for a lock-in similar to a papal conclave to force them to find a common candidate.

Letta's suggestion we "shut ourselves in a room, (with just) bread and water" prompted Salvini Wednesday to quip: "if I lose three kilos it won't hurt, but we don't need" a lock-in.

M.Chau--ThChM