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Italy’s prime minister waives his £100,000 salary to ‘show solidarity’


Italy’s prime minister known as ‘Super Mario’ waives his £100,000 salary to ‘show solidarity with his nation hit by recession’

  • Italy’s prime minister Mario Draghi, 73, has renounced his £100,000 salary
  • Declaration said he won’t get ‘remuneration’ during term as caretaker leader
  • He took over in February when squabbling parties agreed to unite behind him
  • His 2020 tax return showed a gross income of £502,478 (€583,470) in 2019

Italy‘s prime minister Mario Draghi is running the country for free.

The former head of the European Central Bank, 73, has renounced his £100,000 salary, accounts revealed.

A declaration said he would not receive ‘any remuneration of any kind’ during his term as caretaker leader.

Italy’s prime minister Mario Draghi (pictured on May 4), 73, has renounced his £100,000 salary and will not receive ‘any remuneration of any kind’ during his term as caretaker leader

He took over in February when Italy’s squabbling parties agreed to unite behind ‘Super Mario’.

His 2020 tax return showed a gross income of £502,478 (583,470 euros) in 2019. 

Of this, £428,997 (498,144 euros) came from pensions from previous jobs as treasury director general and Bank of Italy governor, his spokesman said.

He also owns or part-owns around ten houses. 

Political communications expert Massimiliano Panarari said the move was probably to show solidarity with Italians hit by recession. 

By contrast, his predecessor Giuseppe Conte earned nearly £1million when he became PM in 2018.

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