Draghi accepts mandate to lead Italy's new govt.
Max Civili
Press TV, Rome
On Friday night, former President of the European Central Bank Mario Draghi formally accepted the Italian President’s mandate to form a new government.
This promises to put an end to a month-long political crisis that saw Prime Minister Giuseppe Conte resign after his coalition government collapsed in January.
The new cabinet line-up proposed by Draghi, who played a pivotal role in steering Europe out of its sovereign debt crisis, is a mixture of veteran politicians and technocrats, picked from across the political spectrum.
Draghi 's broad-based government of national unity includes fierce political rivals who have agreed to put aside their differences for the time being.
All the parties in parliament, except for the nationalist Brothers of Italy group, have agreed to back a Draghi administration. Even the anti-establishment Five Star Movement opted to support the new government, after a divisive online vote among its members.
The government of former Prime Minister Guiseppe Conte collapsed amid criticism of his handling of the coronavirus pandemic and its paralyzing economic impact. That’s besides political parties’ reluctance to see his government control over 200 billion euros in grants and low-interest loans Italy is set to receive from the EU's COVID-19 Recovery Fund.
Draghi and his cabinet are set to be sworn in by President of the Republic Sergio Mattarella on Saturday. Draghi's new government will likely face confidence votes in parliament next week.
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