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Sunday, January 30, 2022

Chastened Draghi Buys Time to Fix Italy After Presidential Chaos - Bloomberg

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Mario Draghi’s failed bid to become Italian president has tarnished the aura that helped him keep a fractious coalition in line. But the damage suffered by the country’s main political parties means that the prime minister may still have the leverage to push through his agenda in the final year of his mandate. 

After six days of chaotic voting, and fraught behind-the-scenes negotiations, Italian lawmakers on Saturday opted to keep Sergio Mattarella as head of state. To break a deadlock and salvage the situation, Draghi himself called the 80-year-old president and persuaded him to put off his much publicized plans for retirement, according to two people familiar with the situation.

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"time" - Google News
January 30, 2022 at 06:47PM
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Chastened Draghi Buys Time to Fix Italy After Presidential Chaos - Bloomberg
"time" - Google News
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