50% Off! Beat the market in 2025 with InvestingProCLAIM SALE

Former Italian president Napolitano dies aged 98

Published 22/09/2023, 19:13

ROME (Reuters) -Former Italian president Giorgio Napolitano, a onetime communist who helped to steer his country through a debt crisis in 2011, died on Friday aged 98.

Condolences poured in from Italian Prime Minister Giorgia Meloni's office, other politicians, the Vatican and beyond.

"I gratefully recall the personal meetings I had with him, during which I appreciated his humanity and foresight in making important choices with rectitude, especially at delicate times for the life of the country," Pope Francis wrote in a telegram of condolences to Napolitano's wife Clio Bittoni.

Napolitano forged a close relationship with the late Pope Benedict XVI, Francis' predecessor, and was one of the few people to have been warned in advance of Benedict's shock resignation in February 2013.

The Italian presidency is usually mostly ceremonial, but Napolitano used his powers in late 2011 to stave off crisis by naming the former European Commission technocrat Mario Monti to lead a government following the resignation of Prime Minister Silvio Berlusconi in a dispute over spending cuts.

Two years later, he broke another impasse when he installed a grand coalition under centre-left politician Enrico Letta after an inconclusive parliamentary election.

© Reuters. FILE PHOTO: Former Italian President and senator Giorgio Napolitano speaks following a talk with Italian President Sergio Mattarella at the Quirinal Palace in Rome, Italy, April 13, 2018.  REUTERS/Tony Gentile/File Photo

Napolitano became president in 2006 and was elected for an unprecedented second seven-year term in 2013. He stepped down in 2015, citing his age.

During a political career that started in the early 1950s, he was elected to the Italian and European parliament and served as interior minister and speaker of the lower house of parliament.

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.