The Latest Breaking News from Mario Draghi

Even for a country like Italy, which is steeped in political intrigue and used to revolving-door governments, the abrupt resignation of Prime Minister Mario Draghi has stunned the nation.

Italian Prime Minister Mario Draghi resigned on Thursday after his national unity government fell apart, setting the country on course for an early election in September or October and hitting financial markets.

Mr Draghi, nicknamed ‘Super Mario’, was seen as the leader most likely to lead Italy out of post-pandemic difficulties

Mario Draghi, the central banker turned Italian prime minister, won plaudits for his calm leadership as Italy emerged from the coronavirus crisis but suffered the same fate as many of his predecessors, brought down by fractious internal politics.

Departure is likely to lead to snap elections that could take place as early as late September

Draghi’s resignation after months of political turmoil opens the way for early elections in autumn.

The resignation of Italian Prime Minister Mario Draghi will open a "period of uncertainty" and mark the loss of a "pillar of Europe," France's European affairs minister said on Thursday.

Italy's President Sergio Mattarella dissolved parliament on Thursday, triggering a snap election, hours after Prime Minister Mario Draghi handed in his resignation amid a split in his ruling coalition.

Italy will hold a snap national election on Sept. 25 after Prime Minister Mario Draghi resigned following the collapse of his national unity government, sending tremors through financial markets.