Italian grassroots party wants Speaker's post to pension privileges

Image
IANS
Last Updated : Mar 20 2018 | 11:50 PM IST

Rome, March 20 (IANS/AKI) Italy's populist Five-Star Movement is eager obtain the Speakership of the lower house of parliament in order to cut lawmakers' pension privileges, its leader Luigi Di Maio said on Tuesday.

"This week, a speaker of one of the houses of parliament will probably be elected and we will play a key role.

"We have asked for the speakership of the lower house because more cuts to parliamentary pensions and further reforms need to be made," Di Maio told his party MPs

Five-Star is the biggest single party in the new parliament after getting nearly one-third of votes in the inconclusive March 4 national election and has claimed it should get first bid to form a government.

The far-right League party, leader of the centre-right coalition, which won around 37 percent of votes - the biggest share - also claims the right to govern Italy and is also eyeing the parliamentary speakerships.

Italian parliamentary pensions have more benefits than ordinary State pensions and can be accrued after serving less than a five-year legislature. They are seen as a symbol of waste and corruption that Five-Star has always said it opposes.

--IANS/AKI

vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 20 2018 | 11:42 PM IST

Next Story