Italy Enters Crunch Week With Draghi’s Government on Brink
- Prime minister will tell lawmakers Wednesday if he’ll resign
- Draghi said he needs the backing of all coalition partners
Mario Draghi, Italy's prime minister, sought to resign but was rejected.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Prime Minister Mario Draghi is under mounting pressure to reverse his pledge to resign as soon as this week and avoid throwing Italy into chaos as economic warning signs are building.
The former European Central Bank chief will address lawmakers on July 20, when he’ll declare his intention to either give his fractious coalition another try or quit government. So far, he’s still determined to resign, according to people familiar with the matter.