mishtalk.com / Mike “Mish” Shedlock / February 13, 2017
Former Italian prime minister Matteo Renzi announced today that he would call a PD party congress, effectively putting his role as party leader into question.
In his speech, Renzi stated “Some people wanted a party congress to find an alternative to Renzi-ism. It needs to be done as an alternative to Trump-ism, Le Pen-ism and even Grillo-ism.”
Recall that Renzi resigned as prime minister following a landslide defeat of a referendum he sponsored. He did not have the decency to disappear, instead he called for early election with him as party leader.
Italy is in the midst of a 4th consecutive technocrat prime minister, with Paolo Gentiloni now heading the government.
Renzi has now concluded early elections in June would give an advantage to Beppe Grillo’s Five Star Movement, so he first wants a party congress to affirm his leadership. He also seeks parliamentary rule changes that would benefit him in any coalition movement.
Please consider Renzi Gambles on Leadership Contest to Unite Party.
Matteo Renzi has triggered a leadership contest in his ruling centre-left Democratic party, opening up a tussle that he hopes to use as a springboard for a comeback at Italy’s next general election.
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