All Things Newz
Business

Italians expected to elect right-wing govt led by Meloni


Article content

ROME — Italians voted on Sunday in an election that is forecast to return the country’s most right-wing government since World War Two and pave the way for Giorgia Meloni to become its first woman prime minister.

A right-wing alliance led by Meloni’s Brothers of Italy party appeared set for a clear victory when the last opinion polls were published two weeks ago.

Article content

But with a polls blackout in force in the two weeks before the election, there was still scope for a surprise.

Polls opened at 7 a.m. (0500 GMT) and voting will continue until 11 p.m. (2100 GMT) when exit polls will be published.

Article content

However, the complex calculations required by a hybrid proportional/first-past-the-post electoral law mean it may be many hours before the composition of a new slimmed-down parliament is known.

Parts of Italy had heavy rain on Sunday, with the Campania region around the southern city of Naples particularly badly affected. That appeared to have put off some voters, with turnout nationally only around 51% four hours before polls closed, compared to more than 58% at the same stage in 2018.

“Long live democracy,” said Matteo Salvini, leader of the League party, one of Meloni’s main allies, as he voted in Milan on Sunday morning.

Meloni would be the obvious candidate for prime minister as leader of an alliance that also features former premier Silvio Berlusconi’s Forza Italia.

Article content

Berlusconi, 85, also voted in Milan, wearing one of his typical double-breasted suits. Meloni was expected to vote in her home city of Rome on Sunday evening.

A resident of Rome said he was hoping the right would win.

“The left, from what I hear, has no serious manifesto and the parties are on their own, whereas the right at least has a coalition,” said the voter, who gave his name as Paolo.

Even if there is a clear cut result, the next government is unlikely to take office before late October, with the new parliament not meeting until Oct. 13.

MELONI’S RISE

Victory would cap a remarkable rise for Meloni, whose party won only 4% of the vote in the last national election in 2018.

Meloni, 45, plays down her party’s post-fascist roots and portrays it as a mainstream conservative group. She has pledged to support Western policy on Ukraine and not take undue risks with an economy hit hard by rising prices.

Article content

Italy’s first autumn national election in over a century was triggered by party infighting that brought down Prime Minister Mario Draghi’s broad national unity government in July.

Italy has a history of political instability and the next prime minister will lead the country’s 68th government since 1946 and face a host of challenges, notably rising energy costs.

The outcome of the vote will also be watched nervously in European capitals and on financial markets.

European Union leaders, keen to preserve unity after Russia’s invasion of Ukraine, are concerned that Italy will be a more unpredictable partner than under Draghi, the former European Central Bank chief.

For markets, there are the perennial worries about Italy’s ability to manage a debt pile that amounts to around 150% of gross domestic product. ($1 = 1.0252 euros)

(Writing by Keith Weir Editing by Jane Merriman and Susan Fenton)



Source link

Related posts

Germany will tackle energy crisis in solidarity with European partners

Chinese authorities destroy 3,000 tonnes of fake goods worth $69 mln

Fed’s inflation target ambiguity risks market misstep: McGeever