The Fort Worth Press - Berlusconi pulls out of Italian presidential race

USD -
AED 3.672498
AFN 62.508232
ALL 81.93627
AMD 368.779494
ANG 1.79046
AOA 918.000153
ARS 1391.743979
AUD 1.399003
AWG 1.8025
AZN 1.700258
BAM 1.670681
BBD 2.023354
BDT 122.776371
BGN 1.66992
BHD 0.37888
BIF 2990.939666
BMD 1
BND 1.279172
BOB 6.911397
BRL 4.984503
BSD 1.004599
BTN 95.835344
BWP 14.149665
BYN 2.806682
BYR 19600
BZD 2.020437
CAD 1.375435
CDF 2245.000288
CHF 0.786325
CLF 0.022715
CLP 893.98002
CNY 6.785096
CNH 6.811435
COP 3789.72
CRC 456.526589
CUC 1
CUP 26.5
CVE 94.700438
CZK 20.93235
DJF 178.887039
DKK 6.42973
DOP 59.543216
DZD 132.880747
EGP 52.910799
ERN 15
ETB 156.856564
EUR 0.860395
FJD 2.202699
FKP 0.74189
GBP 0.749975
GEL 2.679997
GGP 0.74189
GHS 11.410047
GIP 0.74189
GMD 72.496494
GNF 8808.792491
GTQ 7.630738
GYD 209.246802
HKD 7.829775
HNL 26.716372
HRK 6.4808
HTG 131.549935
HUF 309.833497
IDR 17614
ILS 2.915098
IMP 0.74189
INR 95.956704
IQD 1310
IRR 1314999.999746
ISK 123.549711
JEP 0.74189
JMD 158.836248
JOD 0.708983
JPY 158.598501
KES 129.350409
KGS 87.450246
KHR 4030.663241
KMF 421.999928
KPW 900.001832
KRW 1500.80203
KWD 0.308599
KYD 0.833543
KZT 473.448852
LAK 21954.999886
LBP 89538.01782
LKR 325.320759
LRD 183.250269
LSL 16.490351
LTL 2.95274
LVL 0.60489
LYD 6.376444
MAD 9.208751
MDL 17.268391
MGA 4207.491806
MKD 52.991034
MMK 2099.639995
MNT 3579.473939
MOP 8.069362
MRU 40.143624
MUR 47.169706
MVR 15.398985
MWK 1741.59617
MXN 17.39055
MYR 3.951012
MZN 63.909853
NAD 16.490267
NGN 1369.539896
NIO 36.969988
NOK 9.35455
NPR 154.01359
NZD 1.71141
OMR 0.384496
PAB 1.000184
PEN 3.447012
PGK 4.212968
PHP 61.732014
PKR 279.799921
PLN 3.656303
PYG 6121.626027
QAR 3.645497
RON 4.478803
RSD 100.998999
RUB 73.307264
RWF 1469.361841
SAR 3.754148
SBD 8.016136
SCR 13.739021
SDG 600.504263
SEK 9.43942
SGD 1.280299
SHP 0.746601
SLE 24.64943
SLL 20969.502105
SOS 574.154469
SRD 37.206986
STD 20697.981008
STN 21.0203
SVC 8.751249
SYP 110.532449
SZL 16.478199
THB 32.639761
TJS 9.346574
TMT 3.5
TND 2.887984
TOP 2.40776
TRY 45.545602
TTD 6.790867
TWD 31.548996
TZS 2612.495414
UAH 44.163821
UGX 3740.52909
UYU 39.831211
UZS 12044.999887
VES 510.148815
VND 26354.5
VUV 117.920453
WST 2.705599
XAF 562.792354
XAG 0.012781
XAU 0.00022
XCD 2.70255
XCG 1.802565
XDR 0.699933
XOF 562.792354
XPF 102.625032
YER 238.649707
ZAR 16.673925
ZMK 9001.201788
ZMW 18.911406
ZWL 321.999592
  • RIO

    -2.4500

    109.59

    -2.24%

  • CMSC

    0.0898

    23.14

    +0.39%

  • NGG

    0.4500

    87.43

    +0.51%

  • BCE

    -0.2000

    24.19

    -0.83%

  • GSK

    -0.0300

    50.96

    -0.06%

  • BCC

    2.4200

    69.4

    +3.49%

  • RYCEF

    -0.1300

    15.9

    -0.82%

  • JRI

    0.0100

    13.14

    +0.08%

  • CMSD

    0.0400

    23.6

    +0.17%

  • RBGPF

    0.8900

    61.68

    +1.44%

  • AZN

    -2.7600

    184.96

    -1.49%

  • BTI

    1.3500

    66.7

    +2.02%

  • BP

    -0.0200

    44.12

    -0.05%

  • VOD

    -0.0300

    15.48

    -0.19%

  • RELX

    -0.1600

    31.46

    -0.51%

Berlusconi pulls out of Italian presidential race
Berlusconi pulls out of Italian presidential race

Berlusconi pulls out of Italian presidential race

Billionaire former premier Silvio Berlusconi announced Saturday he will not run for Italy's presidency, ending his improbable candidacy two days before voting begins in parliament.

Text size:

The 85-year-old has been campaigning behind the scenes for weeks to replace outgoing President Sergio Mattarella, although few analysts believed he had enough support to win.

In a statement as he held a virtual meeting with fellow right-wing leaders, Berlusconi insisted he had the numbers, but in the spirit of "national responsibility", said he had asked those who put forward his name to withdraw it.

"Today, Italy needs unity," he said, noting the ongoing coronavirus pandemic, adding: "I will continue to serve my country in other ways."

The leading candidate for the presidency remains Prime Minister Mario Draghi, the former European Central Bank chief who has led Italy's national unity government for the last year.

However, Berlusconi, whose Forza Italia party is in the government, repeated his desire for Draghi to stay where he is until general elections scheduled for 2023.

"I consider it necessary for the Draghi government to complete its work until the end of the legislature," he wrote in the statement issued by his spokesman.

That way it could implement reforms to the tax and justice systems and public administration promised in return for billions of euros in European Union post-virus recovery funds, he said.

Instead, Berlusconi said he would work with Matteo Salvini of the anti-immigration League party and Giorgia Meloni of the far-right Brothers of Italy to agree a name that can find "broad consensus".

Members of an electoral college comprising more than 1,000 MPs, senators and regional representatives will begin voting Monday for the new president.

In the first three rounds of voting, each of which will take a day, the winning candidate must secure two-thirds of the vote. From the fourth round, they only need an absolute majority.

Italy's president is a largely ceremonial position but plays a crucial arbitrating role during political crises and wields significant political influence over their seven-year term.

L.Davila--TFWP