EX-ECB chief Draghi tasked with forming Italian government
ROME: Italy’s president tasked former European Central Bank (ECB) chief Mario Draghi with forming a technocratic government, after the previous coalition under prime minister Giuseppe Conte collapsed in midjanuary.
“I thank the president for the trust,” the 73-year-old economist said in Rome on Wednesday following the meeting with President Sergio Mattarella.
An internationally trained economist, Draghi was given the nickname “Super Mario” by the press — a moniker that stuck over the years. For weeks, Draghi had been talked about as a potential head of a technocratic government to guide the country through the twin health and economic crises spawned pandemic.
After weeks of impasse, party negotiations mediated by the president of the Chamber of by the coronavirus
Deputies, Roberto Fico, to resurrect Italy’s centre-left governing coalition finally broke down late on Tuesday. Conte’s resignation came in response to former prime minister Matteo Renzi’s small-butessential Italia Viva party leaving the centre-left coalition after a spat over how to use pandemic aid from the European Union.
In recent weeks, installing a government of technocrats had been discussed as a possible shortterm option in the face of the fighting by political party leaders.
The president’s plans for Draghi got a mixed reception, with the populist Five Star Movement, the strongest force in parliament, continuing to call for a political government, rather than a team of technocrats.