Brussels Is Relieved To Welcome Mario Draghi’S Mandate To Form A Government In Italy

2021-02-03   |   by CusiGO

On Wednesday, it was self-evident that Brussels welcomed Mario Draghi’s appointment to lead Italy’s new government. According to the European Commission, the former president of the European Central Bank is the best person to launch investments and reforms that, according to EU executives, will lift Italy out of its worst crisis since World War II. Moreover, during Rome’s G20 presidency, the EU administration emphasized its international prestige. Margaritis schinas, vice president of the European Commission, concluded: “Mario Draghi is respected and admired in this city and elsewhere.”.

Community clubs are used to coexisting with the political instability of a founding member. The nth crisis in Rome did not cause a panic in Brussels. Although EU sources did agree to admit some concerns, the resignation of Giuseppe Conte is at the last moment of the talks on the recovery plan, and Brussels is particularly demanding on the recovery plan to dispel doubts. From northern countries. Italy is the main beneficiary of this program, receiving 209 billion euros. As a result, a senior community official said that although he thought it was best to avoid the crisis, the “relief” of the agencies still existed.

Officially, Ursula von der Leyen’s chief executive did not comment on the possible rise of Draghi on the grounds that he did not interfere in Italy’s domestic political affairs. However, Paolo gentiloni, the Commissioner for economic affairs, could not help launching a “Grazia, president! “Through his twitter account, when he learned about Sergio matarella’s proposal. From the point of view of the Commissioner and the former prime minister, they think that giantironi knows and respects Draghi very well. EU sources say expectations are high: those who save the euro can do the same if the economy falls back into recession.

The Commission declined to compare Draghi’s landing with the role of another superstar, Mario Monti, who served as competition commissioner and took over a country at a soaring risk premium between 2011 and 2013. Nevertheless, the source of the consultation still welcomed mattarella’s transition from Ursula government to Ursula II government, that is, to become a liberal and europeanist administrator after the past quarrels, provocations and tensions between Brussels and the five-star coalition government and the Matteo Salvini alliance.

In addition, Italy is a key partner in this year’s G20 presidency, and its agenda is the most important for Brussels. Among other things, addressing climate change and digital commerce will be addressed, and the World Health Assembly, led by von Draine, will be hosted in Rome in May. It also hopes that this will be another forum for the restoration of transatlantic relations.

But the Italian background, a country where governments are struggling to get through the grace period, has prompted Brussels to be cautious. We need to see if Draghi has the number. Second, the biggest question is how long a country can live with four governments in five years. “In Italy, a technocratic government is almost impossible,” said Lorenzo codogno, an economist and former finance minister. Although Draghi does not have to face Monti’s cuts, the economist believes that reform is not easy either. So far, financial markets have cheered for the Raji line. Cordono thinks they will continue to do so. But he warned that the distance between the former banker and the palace “remains a minefield.”.