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Mario Draghi tasked with forming a government to get Italy out of the crisis

2021-02-03T17:58:41.820Z


Respected in his country, the ex-president of the ECB will have to find a majority. Rome After twenty days of acute crisis, a croquignolesque hunt for senators to seal the majority, an inconclusive consultation of political forces in the Quirinale and improbable negotiations in Parliament which ended in a bitter failure, the President of the Republic, Sergio Mattarella, drew the consequences, taking everyone by surprise. Believing that only a “high-level” institutional governmen


Rome

After twenty days of acute crisis, a croquignolesque hunt for senators to seal the majority, an inconclusive consultation of political forces in the Quirinale and improbable negotiations in Parliament which ended in a bitter failure, the President of the Republic, Sergio Mattarella, drew the consequences, taking everyone by surprise.

Believing that only a

“high-level”

institutional government

independent of political gimmicks could now lead Italy, he chose the former ECB governor, “technician” Mario Draghi, to train him.

This choice sanctions the crisis of the Italian political system and its elected officials, unable to grasp the gravity of the moment to find a solution in the interest of the country.

"

Barely born in 2018, the third republic is already over,

”Judge

Il Corriere Della Sera.

On the other hand, the operation "rescue of Italy" is well launched.

And it was immediately greeted by a stock market rising sharply by 3% in the morning, and rate differentials with Germany at their lowest level for five years.

To read also:

Mario Draghi, the inventor of "whatever the cost", at the bedside of Italy in crisis

Sergio Mattarella addressed the Italians with a serious speech.

"

There are now two possibilities

," he said, "

to immediately give life to a new government capable of dealing with the current serious emergencies or to organize early elections

."

If these are an "

exercise of democracy

", the health, economic and social crises and the development as quickly as possible of the plan for the use of European funds which must be presented in Brussels by the end of April, require a "

Government in the fullness of its functions and not with minimal activity, as is inevitable during an election campaign

," he said.

"

We cannot afford to miss this crucial opportunity for our future

."

"The apostle of the elites"

Mario Draghi, 73, who never got involved in politics but never ceased to do so in his successive functions at "Bankitalia", at the Treasury as at the head of the ECB, remained the most prestigious " reserve of the Republic ”.

Esteemed in Italy as in Europe, with a profile particularly suited to the situation:

"His method is to act quickly and make choices

", says economist Veronica De Romanis, who knows him well.

But if Mattarella has said he wants a government independent of politics, Mario Draghi will still have to seek the confidence of Parliament.

This is why the president launched a vibrant appeal for the responsibility of all political forces.

Who will respond?

The response will depend on the government's capacity for action, as well as the future of parties and alliances, which all risk emerging transformed.

"

It's a difficult moment

," he admits visibly moved when he has just been appointed.

And in a few sentences, he draws up his roadmap: relaunching the country, making the best use of European resources for future generations ...

To read also:

European recovery fund: Italy, torn around this providential manna, endangers the whole edifice

For the moment, we still do not know the real nature of his future government.

A Draghi government can be a lot of very different things

,” admits Giovanni Orsina, political scientist at Luiss University.

Will it be purely technical, or with some weighty chosen?

And above all we do not know if he will have a majority.

"

I am confident that unity will emerge from meetings with political and social forces

," he assures us.

Its acquired supporters, namely Italia Viva, the Democratic Party, Forza Italia, and a few other small groups, represent only 131 votes in the Senate.

Far from the 161 votes of the absolute majority.

Knowing that the 5 Star Movement (M5S), which has 92 senators, has already affirmed that it would vote against a Draghi government, “

the apostle of the elites

”.

"

To have a large majority necessary for an ambitious policy, Mario Draghi needs that the M5S burst, so that at least thirty senators follow it, but also that the League supports it

", calculates Giovanni Orsina.

"A masterpiece"

The bursting of the M5S, which no longer has a backbone, could experience an acceleration with the exit from the stage of Giuseppe Conte, and a certain number of elected officials could answer the call.

Including Luigi Di Maio, remained silent.

As for the support of the League, which affirms through the mouth of Matteo Salvini favoring the path of premature elections and wanting "to

see Draghi's program before giving him our votes

", it is not yet certain.

Even if two important personalities are pushing in his favor: Giancarlo Giorgetti, number two in the League and regular and esteemed interlocutor of the ex-boss of the ECB.

But also Luca Zaia, the very influential governor of Veneto, pushed by entrepreneurs from the North.

Support by abstention alone would not be enough to give Mario Draghi the seat he needs.

But too pressing support on his part could discourage elected officials from the left ... The new balance is therefore far from obvious.

Today, the only undisputed winner, after having risked very big, is the leader of Italia Viva, Matteo Renzi, who achieved his ends after a tactic worthy of Machiavelli.

"

A masterpiece,

" he would have told his relatives.

A victory that could change the balance of power within the left, the PD having seemed to suffer politics since it allied itself with the M5S.

On the right and on the left, Draghi's “technical government” could well change the landscape of Italian politics.

Source: lefigaro

All news articles on 2021-02-03

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