Italy's Salvini says no vetoes after meeting with Draghi
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[February 06, 2021]
By Angelo Amante
ROME (Reuters) - Italy's League leader
Matteo Salvini said the right-wing party would decide next week whether
to back a government led by Mario Draghi but common ground had emerged
in discussions on Saturday.
"Unlike others we don't think just saying no gets you anywhere ... the
best interest of the country must come before any personal or party
interest," Salvini told reporters after meeting the former European
Central Bank chief.
Italy's head of state Sergio Mattarella asked Draghi on Wednesday to try
to form an administration after the previous one, led by Giuseppe Conte,
was brought down due to the collapse of the ruling coalition.
"We want to be part of a government that goes to Brussels keeping its
head high in the name of the national interest," Salvini said.
The firebrand right-wing leader has changed tack repeatedly since Draghi
was given his mandate, first calling for snap elections, then saying he
would not govern with the largest party in parliament, the
anti-establishment 5-Star Movement.
While on paper, the League's willingness to join a coalition should make
Draghi's job easier, the situation remains complex and Draghi's route to
a parliamentary majority is still unclear.
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League party leader Matteo Salvini gestures as he leaves
Montecitorio, in Rome, Italy, February 6, 2021. REUTERS/Remo Casilli
The centre-left Democratic Party has said it does not want to govern
with the League, while 5-Star has yet to make its position clear.
Draghi is now meeting 5-Star's delegation led by its founder, the
former comedian Beppe Grillo.
That meeting is the last in his first round of formal negotiations
with parties. He will hold a second round next week in which he will
try to overcome any mutual vetoes regarding his coalition make-up
and policy proposals.
Italian financial markets have rallied on the expectation Draghi
will succeed. Last week Italy's 10-year bond yield posted its
biggest weekly drop since July, while the gap over the German Bund
yield narrowed to its lowest in five years.
Investors hope the man widely credited with saving the euro during
the 2012 sovereign debt crisis can spearhead reforms to boost growth
in a country that has long underperformed its European peers,
weighing down the whole euro zone.
(Reporting by Angelo Amante; Writing by Gavin Jones; Editing by
Valentina Za and Christina Fincher)
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