The Japan Times - Italy speeds up presidential vote but deadlock persists

EUR -
AED 4.325271
AFN 75.953424
ALL 95.532572
AMD 440.587255
ANG 2.107656
AOA 1080.979222
ARS 1594.988005
AUD 1.64303
AWG 2.119567
AZN 2.040852
BAM 1.954003
BBD 2.370421
BDT 144.697577
BGN 1.964252
BHD 0.444265
BIF 3492.575795
BMD 1.177537
BND 1.49703
BOB 8.132523
BRL 5.89876
BSD 1.176918
BTN 109.812503
BWP 15.790549
BYN 3.350619
BYR 23079.732159
BZD 2.367034
CAD 1.615027
CDF 2715.400932
CHF 0.923195
CLF 0.026527
CLP 1043.92183
CNY 8.032629
CNH 8.034343
COP 4260.706962
CRC 538.904523
CUC 1.177537
CUP 31.20474
CVE 110.512152
CZK 24.333929
DJF 209.577312
DKK 7.472946
DOP 70.652394
DZD 155.579789
EGP 61.008567
ERN 17.66306
ETB 183.764244
FJD 2.608714
FKP 0.867819
GBP 0.870489
GEL 3.167711
GGP 0.867819
GHS 13.017661
GIP 0.867819
GMD 85.960069
GNF 10338.778395
GTQ 9.000725
GYD 246.2436
HKD 9.214877
HNL 31.265254
HRK 7.534945
HTG 154.048366
HUF 364.966286
IDR 20200.888833
ILS 3.529232
IMP 0.867819
INR 109.706151
IQD 1541.782463
IRR 1555526.845789
ISK 143.989047
JEP 0.867819
JMD 185.849128
JOD 0.834844
JPY 187.511636
KES 152.138272
KGS 102.976208
KHR 4718.681612
KMF 492.210274
KPW 1059.795126
KRW 1741.195062
KWD 0.363223
KYD 0.980802
KZT 555.12197
LAK 25966.126366
LBP 105391.901153
LKR 371.728228
LRD 216.5509
LSL 19.301536
LTL 3.476962
LVL 0.712281
LYD 7.444187
MAD 10.875647
MDL 20.113593
MGA 4886.507274
MKD 61.667642
MMK 2473.25999
MNT 4228.819162
MOP 9.487277
MRU 46.864111
MUR 54.413992
MVR 18.19252
MWK 2044.775293
MXN 20.348469
MYR 4.655997
MZN 75.309373
NAD 19.301454
NGN 1580.255028
NIO 43.31018
NOK 11.04509
NPR 175.699459
NZD 1.998652
OMR 0.452778
PAB 1.176918
PEN 4.049177
PGK 5.100332
PHP 70.659296
PKR 328.209539
PLN 4.238846
PYG 7502.102458
QAR 4.290619
RON 5.098504
RSD 117.354537
RUB 89.942407
RWF 1723.622595
SAR 4.417284
SBD 9.477507
SCR 16.09848
SDG 707.700068
SEK 10.816647
SGD 1.498787
SHP 0.879151
SLE 29.026421
SLL 24692.365052
SOS 672.584472
SRD 44.160017
STD 24372.645811
STN 24.477495
SVC 10.297576
SYP 130.149868
SZL 19.297258
THB 37.698855
TJS 11.162984
TMT 4.127268
TND 3.417658
TOP 2.835228
TRY 52.711571
TTD 7.99465
TWD 37.170735
TZS 3070.411922
UAH 51.423139
UGX 4349.001465
USD 1.177537
UYU 46.977008
UZS 14316.897628
VES 562.842684
VND 31008.679939
VUV 139.500866
WST 3.198133
XAF 655.357238
XAG 0.014934
XAU 0.000245
XCD 3.182353
XCG 2.121059
XDR 0.813639
XOF 655.348897
XPF 119.331742
YER 280.963467
ZAR 19.343348
ZMK 10599.245112
ZMW 22.508306
ZWL 379.166548
  • CMSC

    0.0290

    22.739

    +0.13%

  • RYCEF

    -0.8000

    16.8

    -4.76%

  • GSK

    -0.5800

    57.23

    -1.01%

  • BTI

    -0.5700

    56.11

    -1.02%

  • NGG

    -0.8600

    87

    -0.99%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BCE

    0.3250

    24.145

    +1.35%

  • VOD

    0.0500

    15.64

    +0.32%

  • CMSD

    -0.0500

    22.98

    -0.22%

  • RIO

    0.8950

    99.455

    +0.9%

  • BCC

    0.3700

    79.28

    +0.47%

  • JRI

    -0.0100

    12.87

    -0.08%

  • RELX

    0.8400

    36.52

    +2.3%

  • AZN

    -0.8750

    200.335

    -0.44%

  • BP

    1.4050

    47.525

    +2.96%

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.

K.Okada--JT