February 13th, local time, Italy’s new Prime Minister Mario Draghi and cabinet members were sworn
in at the presidential palace, marking the resolution of the country’s month-long political crisis.
There are 23 ministers in the Grand Coalition Government, 8 of whom are technocrats, and the rest belong to the
Five Star Movement, the Democratic Party, the Alliance Party, the Power Party and other parties.
In accordance with legal procedures, the new government will go to both the Senate and the House of
Representatives next week to seek a vote of confidence.
On January 13 this year, dissatisfied with Prime Minister Conte’s performance in office, the Italian Vitality Party
led by former Prime Minister Matteo Renzi withdrew from the ruling coalition, which lost its absolute majority in the parliamentary senate.
In order to avoid a passive situation, Conte submitted his resignation to the President on January 26.
After several rounds of consultations, Italian President Matarella decided on the 3rd of this month to authorize Draghi to form a new cabinet.
Draghi, 73 years old, is a famous Italian banker and economist who was the president of the European Central Bank.