Giorgia Meloni’s right-wing coalition has achieved a postwar record of 1,413 consecutive days in office as of early September 2026, underscoring rare stability in a system that has seen frequent government changes. With the next general election scheduled no later than December 2027, and possible early voting discussed for 2027, traders focus on coalition durability amid rising pressure from the far-right Futuro Nazionale movement, which is drawing support from Meloni’s partners and polling competitively on immigration and security issues. Centre-left opposition parties hold narrow leads in recent surveys, while stalled institutional reforms, modest economic growth, and a failed judicial referendum highlight vulnerabilities. Meloni’s administration emphasizes reduced migrant arrivals, employment gains, and fiscal discipline as factors supporting continuity, though any coalition fracture or sharp poll deterioration ahead of the ballot could alter her tenure prospects.