Saturday, 27 February 2021

Expectations that Draghi will be able to reverse Italy's fortunes are as high as the stakes

Former European Central Bank president Mario Draghi has been sworn in as Italy's next prime minister: ¨What I can say is that Europe needs a more European Britain as much as the UK needs a more British Europe"



Draghi, a prominent economist, accepted the top job on February 12 and later that day read out a list of ministerial choices designed to build consensus across political parties. 


The crisis in the Italian government was triggered in January when former prime minister Matteo Renzi's Italia Viva party withdrew support from the coalition amid a row over how to spend the €200 billion (£174.5 billion) -more that Rome is about to receive from the EU's coronavirus recovery fund.


Source: Daily Express



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