Draghi clears final hurdle to officially form Italian government

The government of new Italian Prime Minister Mario Draghi has cleared its last hurdle to taking power as it overwhelmingly won a confidence vote in the Chamber of Deputies. Draghi got through with a 535-56 vote on Thursday, thanks to the support of the two largest parties in the legislature. The day before, the vote had been 262-40 in the Senate. The former European Central Bank chief was tapped to take the helm of Italy’s politics after the last government collapsed in January amid a fight about the best way to spend coronavirus relief funds. Although many hope that Draghi – who secured a rep…

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HEDGE accordingly