Some fear Italian Prime Minister Giorgia Meloni will take the country downhill, a similar path as her predecessors.
Italian Prime Minister Giorgia Meloni attends a joint news conference with European Council President Charles Michel at Chigi Palace in Rome on Jan. 30.
"What Italy needs now are ideas," said Nathalie Tocci, an Italian political scientist and director of Istituto Affari Internazionali, the Rome-based International Affairs Institute. "And there aren't any."Meloni was elected after a brief technical government led by the well-respected former EU banker Mario Draghi. Many Italians had pinned their hopes on him to turn the country around.
The once Eurosceptic notably made Brussels her first foreign visit to reassure European Commission Ursula von der Leyen that Italy under her guidance would make good on its pledges for reform laid out by the previous government led by Draghi.
It's now commonplace to hear people who say they would never vote for Meloni also express open admiration for her. The elephant in every decision-making room is a debt approaching 150 per cent of its GDP — the third most burdensome of developed nations, just behind Greece and Japan. European Central Bank plans to raise interest rates and reduce its bond-buying program that has helped Italy will only make the debt more difficult to manage.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. tracking suspected Chinese spy balloon, but won't shoot it down | CBC NewsThe U.S. is tracking a suspected Chinese surveillance balloon that has been spotted over its airspace for a couple of days, but the Pentagon decided not to shoot it down due to risks of harm for people on the ground, officials said Thursday.
Read more »
B.C. has no 'red line' going into health talks with federal government, premier says | CBC NewsWhile Canada’s premiers have been insisting they need 35 per cent of their health-care funding costs covered by the federal government, British Columbia’s premier is signalling he may be willing to move past that 'red line' in next Tuesday’s meeting in Ottawa with Prime Minister Justin Trudeau.
Read more »
Russian missile strike destroys apartment building in Ukraine, killing at least 3 | CBC NewsRescuers combed debris in a city in Eastern Ukraine on Thursday, where an overnight Russian missile strike destroyed an apartment building and damaged nine others, killing at least three people. The strike came as senior EU officials met with Ukraine's president in the capital.
Read more »
Quebec-based COVID-19 vaccine maker Medicago to shut down | CBC NewsMedicago owner Mitsubishi Chemical Group said on Thursday that it was terminating 'all its activities with Medicago,' citing 'significant changes' to the vaccine market.
Read more »
OPINION | Regulating artificial intelligence: Things are about to get a lot more interesting | CBC NewsOPINION: It might be many months or years before AI legislation is passed, yet it’s difficult to predict what AI will be capable of at that point.
Read more »