
Italian Prime Minister Giorgia Meloni and members of her newly appointed cabinet attend a debate in Italy’s Chamber of Deputies ahead of the confidence vote on the new government on Oct. 25, 2022.
While more protectionist, Italy's new government will largely remain on the path of economic reform, fiscal prudence, and support for sanctions against Russia set out by outgoing Prime Minister Mario Draghi. Political instability is likely to increase after the winter as intra-coalition rivalries emerge and the popularity of the country's new prime minister starts waning. Italy's new right-wing government led by Prime Minister Giorgia Meloni was sworn in on Oct. 22 following weeks of negotiations between coalition parties to assign key cabinet positions. Her team, unveiled on Oct. 21, includes nine ministers from her far-right Brothers of Italy party , five ministers from each coalition partner (the right-wing Lega and Forza Italia parties), and various technocratic figures. Giancarlo Giorgetti has been appointed finance minister. Georgetti is a moderate and relatively pro-European member of Lega and previously served as industry minister under Mario Draghi's outgoing government.