Berliner Boersenzeitung - Far-right Meloni sworn in as Italy's first woman PM

EUR -
AED 4.099459
AFN 72.55656
ALL 90.854432
AMD 403.236651
ANG 1.997863
AOA 1024.725669
ARS 1725.716503
AUD 1.620032
AWG 2.009266
AZN 1.908969
BAM 1.95792
BBD 2.251649
BDT 139.310855
BGN 1.951032
BHD 0.422353
BIF 3344.903956
BMD 1.116259
BND 1.432558
BOB 13.416528
BRL 6.156839
BSD 1.11797
BTN 104.985685
BWP 15.400226
BYN 3.347906
BYR 21878.671669
BZD 2.248447
CAD 1.574248
CDF 2589.720669
CHF 0.914947
CLF 0.0277
CLP 1090.183107
CNY 7.452703
CNH 7.448895
COP 3616.432801
CRC 507.00375
CUC 1.116259
CUP 26.831195
CVE 110.384532
CZK 24.322276
DJF 199.07927
DKK 7.475501
DOP 67.930698
DZD 152.243187
EGP 60.341267
ERN 16.743881
ETB 183.485227
FJD 2.528995
FKP 0.835844
GBP 0.834074
GEL 2.896647
GGP 0.835844
GHS 13.069152
GIP 0.835844
GMD 83.157879
GNF 9901.932318
GTQ 8.547256
GYD 234.483915
HKD 8.751658
HNL 30.047001
HRK 7.555967
HTG 146.496769
HUF 362.944278
IDR 20214.050795
ILS 3.540654
IMP 0.835844
INR 104.731751
IQD 1695.636147
IRR 2111239.352217
ISK 136.8083
JEP 0.835844
JMD 177.430274
JOD 0.791445
JPY 176.643491
KES 145.068585
KGS 97.614372
KHR 4554.728771
KMF 493.386409
KPW 1004.632839
KRW 1507.256269
KWD 0.347224
KYD 0.931779
KZT 501.111442
LAK 25151.180911
LBP 100111.977802
LKR 371.774398
LRD 190.145903
LSL 18.488377
LTL 3.296022
LVL 0.675214
LYD 7.154286
MAD 10.933439
MDL 19.982972
MGA 5080.04349
MKD 61.557339
MMK 2343.536588
MNT 4019.833098
MOP 9.028977
MRU 45.135041
MUR 52.498031
MVR 17.176539
MWK 1938.561406
MXN 20.74952
MYR 4.533466
MZN 71.324403
NAD 18.488791
NGN 1506.414005
NIO 41.14465
NOK 10.535418
NPR 167.895587
NZD 1.993449
OMR 0.429201
PAB 1.118611
PEN 3.853072
PGK 5.095167
PHP 70.632393
PKR 309.195541
PLN 4.391217
PYG 6988.186673
QAR 4.088627
RON 5.333257
RSD 117.643055
RUB 91.531628
RWF 1650.125559
SAR 4.197709
SBD 8.984301
SCR 15.692146
SDG 671.429609
SEK 11.013898
SGD 1.42957
SHP 0.835992
SLE 25.617714
SLL 23407.392948
SOS 638.897077
SRD 41.952909
STD 23104.302586
STN 24.515236
SVC 9.786598
SYP 14513.596028
SZL 18.482073
THB 37.355611
TJS 10.318073
TMT 3.906906
TND 3.346924
TOP 2.687683
TRY 56.014648
TTD 7.581576
TWD 36.663741
TZS 2954.045111
UAH 50.646343
UGX 4574.954062
USD 1.116259
UYU 44.998728
UZS 13346.452419
VES 1000.52103
VND 28480.784096
VUV 133.12733
WST 3.111933
XAF 655.957
XAG 0.021125
XAU 0.000270979015
XCD 3.016745
XCG 2.015783
XDR 0.789253
XOF 655.957
XPF 119.331742
YER 264.134779
ZAR 18.399961
ZMK 10047.670755
ZMW 22.71661
ZWL 359.434865
SSP 6413.165902
MXV 2.332613
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Far-right Meloni sworn in as Italy's first woman PM

Far-right Meloni sworn in as Italy's first woman PM

Far-right leader Giorgia Meloni was sworn in as Italian prime minister on Saturday, to become the first woman to head a government in Italy.

Text size:

Meloni took the oath before President Sergio Mattarella at the Quirinal Palace in Rome, once home to popes and kings of Italy.

Her post-fascist Brothers of Italy party -- Eurosceptic and anti-immigration -- won the September 25 legislative polls but needed outside support to form a government.

Meloni's appointment is an historic event for the eurozone's third largest economy and for Brothers of Italy, which has never been in government.

It won 26 percent of the vote last month, compared to eight and nine percent respectively for her allies Forza Italia and the far-right League.

Meloni's list of 24 ministers, including six women, revealed a desire to reassure Italy's partners. She named Giancarlo Giorgetti as economy minister, who served under the previous government of Mario Draghi.

Giorgetti, a former minister of economic development, is considered one of the more moderate, pro-Europe members of Matteo Salvini's League.

Meloni also named ex-European Parliament president Antonio Tajani, of Forza Italia, as foreign minister and deputy prime minister.

Salvini will serve as deputy prime minister and minister of infrastructure and transport.

That appointment is likely to disappoint Salvini, who wanted Meloni to give him the role of interior minister again after he previously held the post between 2018 and 2019.

The position went instead to a technocrat, Rome prefect Matteo Piantedosi.

A formal ceremony for the handover of power from Draghi to Meloni will take place on Sunday before the premier leads the first cabinet meeting.

European Commission chief Ursula von der Leyen congratulated Meloni on her appointment.

"I count on and look forward to constructive cooperation with the new government on the challenges we face together," she tweeted on Saturday, while European Parliament speaker Roberta Metsola tweeted in Italian that "Europe needs Italy".

Hungarian Prime Minister Viktor Orban meanwhile tweeted: "Congratulations @GiorgiaMeloni on the formation of your government! Big day for the European Right!"

- Unity concerns -

The consultations to cobble together a government had been overshadowed by disagreements with her two would-be coalition partners over Meloni's ardent support for Ukraine since the Russian invasion, whereas the leaders of Forza Italia and the League are both considered close to Moscow.

A recording was leaked in which Italy's former prime minister Silvio Berlusconi -- who heads Forza Italia -- talks about his warm ties with Moscow and appeared to blame the war in Ukraine on Ukrainian President Volodymyr Zelensky.

Berlusconi says the comments were taken out of context.

Salvini, meanwhile, is a long-time fan of Russian President Vladimir Putin and has criticised Western sanctions on Russia.

Despite her Eurosceptic stance, Meloni has been firm about her support for Ukraine, in line with the rest of the European Union and the United States.

But the tensions add to concerns that Meloni's coalition, held together by the need for a parliamentary majority, will struggle to maintain unity.

- Challenges ahead -

Meloni's coalition wants to renegotiate Italy's portion of the EU's post-Covid recovery fund.

It argues the almost 200 billion euros ($197 billion) it expects to receive should take into account the current energy crisis, exacerbated by Moscow's invasion of Ukraine, which has hit supplies of Russian gas to Europe.

But the funds are tied to a series of reforms only just begun by Draghi's government, and analysts say Meloni has limited room for manoeuvre.

Meloni had campaigned on a platform of "God, country and family", sparking fears of a regression on rights in the Catholic-majority country.

(B.Hartmann--BBZ)