Italy’s Government on Brink of Collapse over Recovery Fund Row

The recent turmoil in Rome revolves around how to spend the EU recovery fund - Image Source: Wikimedia Commons

ITALY’S coalition government could collapse under the pressure of growing rows over the PM’s handling of the pandemic and the allocation of a massive EU recovery fund.

Former Prime Minister Matteo Renzi, whose small Italia Viva (IV) party props up the country’s coalition government, has accused the country’s current leader Giuseppe Conte of mishandling the pandemic response. Over 80,000 Italians have died since Covid struck the country, and Rome recently decided to extend the national state of emergency due to the third wave of the virus.

At the heart of recent political turmoil is the debate over how to spend the EU’s colossal 220 billion euro fund allocated to Italy, which was in financial disarray and massive debt before the crisis hit. Renzi has argued for less “hand-outs” and more investment in long-running issues such as youth employment, which in Italy has some of the highest levels in Europe.

President Sergio Mattarella has urged political leaders to agree to the deal in order to speed up Italy’s much-needed recovery efforts, though a number of Renzi’s cabinet ministers have threatened to resign unless the spending plan is radically altered.

If the Italia Viva party withdraws its support for Conte’s leadership, it is likely that Italy will see its government collapse – not for the first time in the famously politically turbulent country.

Thank you for taking the time to read this news article “Italy’s Government on Brink of Collapse over Recovery Fund Row”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Oisin Sweeney

Oisin is an Irish writer based in Seville, the sunny capital of Andalucia. After starting his working life as a bookseller, he moved into journalism and cut his teeth as a reporter at one of Ireland's biggest news websites. Since joining Euro Weekly News in November, he has enjoyed covering the latest stories from Seville, Spain and further afield - with special interests in crime, cybersecurity, and European politics. Anyone who can pronounce his name first try gets a free cerveza...