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Reuters
Reuters
Business
Angelo Amante

Italy's parliament starts voting for president in wide-open race

FILE PHOTO: General view of the Italian Parliament as Prime Minister Mario Draghi addresses deputies on April 26, 2021 at Montecitorio palace in Rome with plans on how to spend EU recovery funds. Alberto Pizzoli/Pool via REUTERS

Italy's parliament will begin voting on Monday for a new head of state, with Prime Minister Mario Draghi among the most prominent candidates in a wide-open contest which will be closely monitored by financial markets.

There are concerns among politicians in Italy that the result could trigger fresh political uncertainty in the euro zone's third largest economy, which is facing a resurgence of COVID-19 infections and deaths.

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