Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Mario Draghi Accepts Mandate to Form New Italian Government

Wed 03 Feb 2021 | 07:28 PM
shawar ibrahim

Mario Draghi, the former European Central Bank chief, has accepted a mandate to try to form a new Italian government as the country seeks a way out of the political crisis triggered by the collapse of its most recent coalition.

Draghi, nicknamed “Super Mario” for his role in saving the European single currency, will have to galvanise support in parliament to quickly build a technical administration needed to manage the coronavirus pandemic and revive its battered economy.

He was summoned on Wednesday to meet Italy’s president, Sergio Mattarella, after ruling coalition partners failed to form a majority following Giuseppe Conte’s resignation as prime minister last week.

“I thank the president of the republic for the trust he has placed in me,” Draghi said in a brief speech after the meeting. “Overcoming the pandemic, completing the vaccination campaign, responding to the needs of citizens and relaunching the country are our challenges. We have extraordinary resources coming from the EU and we can do a lot for the future of the country.”