Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 04, 2021

Italian Lawmakers Take First Step in Draghi’s Justice Reform

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Cosco (India) Ltd.
--
Elcid Investments Ltd.
--
Nifty Capital Markets
--
BSE Utilities
--
MSCI World
--
Pritika Auto Industries Ltd
--
SAB Events & Governance Now Media Ltd.
--
Regency Investments Ltd.
--
Lawreshwar Polymers Ltd.
--

Lawmakers in Italy's Lower House approved amendments to overhaul the justice system, a big win for Prime Minister Mario Draghi that paves the way for the Senate to take up final approval in September.

The two votes passed overwhelmingly -- the first 462-55 and the second 458-46 -- underscoring the support Draghi enjoys in parliament.

The amendments will introduce stricter statutes of limitations and steamline trial proceedings.

Read More: Draghi Has Stabilized Italy. His Next Task Will Shape His Legacy

Draghi has made the reforms a priority in an effort to speed up Italy's sluggish court system, enact stricter statutes of limitation for criminal prosecutions, simpler civil proceedings and change the way trials against state institutions are run.

The vote took place on a pivotal day for Italian politics, Aug. 3, which marks the start of the so-called ‘white semester,' the last six months of President Sergio Mattarella's mandate. During that period, parliament can't be dissolved, and with a snap election off the table, parties have an incentive to act more freely against the government.

Political outcry has been building on several issues including the sale of Banca Monte dei Paschi SpA and the use of green certificates for leisure activities and travel, which Draghi is expected to extend later this week.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search