Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Italy PM Renzi makes progress with constitutional reform

Published 10/03/2015, 16:51
© Reuters. Italy's Prime Minister Renzi speaks during a meeting on the sidelines at a Europe-Asia summit (ASEM) in Milan

By Antonella Cinelli and Steve Scherer

ROME (Reuters) - Italian Prime Minister Matteo Renzi on Tuesday moved one step closer to passing a constitutional reform aimed at streamlining the lawmaking process, as divisions within opposition leader Silvio Berlusconi's party widened.

The lower house of parliament voted 357 to 125, with seven abstentions, to pass a constitutional change that will reduce the size and powers of the Senate.

Under the lengthy procedures required for constitutional changes, both houses of parliament now must pass the reform again at least once. It will probably then face a national referendum and so is unlikely to become law before next year at the earliest.

If passed, the law would return to Rome some powers now held by the regional governments, and the support of the upper house, the Senate, would no longer be needed to form a government or pass most laws.

Renzi has said the measure is central to his push to modernise Italy. He lauded the vote in a Tweet, saying it would make the "country more simple and just".

Though Renzi ran into some trouble with left-wing members of his own Democratic Party (PD), eight of whom voted against the bill, it easily passed even without votes from Berlusconi's Forza Italia party, which had supported the reform during a previous vote in the Senate.

But Renzi has a narrower majority in the Senate, and so may need Berlusconi's support if he is to ultimately pass this reform, together with a planned change to the electoral law, in coming months.

The 78-year-old Berlusconi last year sealed a pact with Renzi to change the constitution and draft a new electoral law.

But the media magnate and four-time premier declared the pact dead last month after Renzi backed constitutional judge Sergio Mattarella to become the country's new president, refusing to concede to Berlusconi's demands for another candidate.

Berlusconi ordered his party members to vote against the reform on Tuesday and though only one of his lawmakers disobeyed him, 18 others said they held the party line only out of their personal "affection" for Berlusconi.

© Reuters. Italy's Prime Minister Renzi speaks during a meeting on the sidelines at a Europe-Asia summit (ASEM) in Milan

In a letter, the lawmakers said the party was "not united nor in agreement" in abandoning the reform, which Berlusconi himself has repeatedly said is needed. They called for the party to adopt a more democratic internal decision-making process.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.