Italy president refuses PM Draghi’s resignation

ROME: Italy’s President Sergio Mattarella on Thursday refused to accept Prime Minister Mario Draghi’s resignation, in a political crisis experts warned could send the eurozone’s third largest economy to snap elections.

Mattarella “did not accept the resignation, and invited the prime minister to appear before parliament to make a statement,” the presidential palace said, amid reports Draghi would address parliament next week to see if he has the necessary majority to stay on.