1 March 2018

Politico: Why Matteo Renzi’s star is fading

The most likely outcomes of the parliamentary election on March 4 are a hung parliament or protracted negotiations as political leaders struggle to gather enough support to govern. [...]

The drop in support is particularly acute in the south — where polls predict the Democratic Party and its allies will lose every seat they currently hold — and nowhere more so than in Abruzzo, where the country’s economic woes continue to bite. [...]

According to Marco Sonsini, a partner at Rome-based lobbying firm Telos, the battle in the region will be between Berlusconi’s center-right coalition and the 5Stars. “In Abruzzo, the PD will pay the price of Renzi’s unpopularity, the draconian cuts to services and spending at a regional level and a slower than average recovery,” he says. [...]

The regional government says it faces significant challenges because of some €780 million in debt it inherited and the fallout of the 2009 and 2016 earthquakes. Nevertheless, Abruzzo was granted €2.5 billion in financing from the EU and Rome to fund infrastructure projects.

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