Report
Jesus Castillo

Italy: Giuseppe Conte kept a thin majority in Parliament

Following the resignation of two Ministers from former PM Renzi’s party last week, the government was without a majority support in parliament . PM G. Conte consequently requested a confidence vote to check his majority in the Italian parliament (Senate and MPs’ house). On Monday he won the confidence of a majority of MPs. In the Senate - although he reached a relative majority of 156 Yes versus 140 Noes out of 320 senators - he lost his absolute majority. Italia Viva’s senators (Renzi’s party) abstained and 8 senators were absent. Thus, Giuseppe Conte can keep the reins , but in a very complex political situation.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Jesus Castillo

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