Mario Draghi, former president of the European Central Bank, is sworn in as Prime Minister of Italy: NPR

Mario Draghi, former president of the European Central Bank, is sworn in as Prime Minister of Italy: NPR

New Italian Prime Minister Mario Draghi chairs his first cabinet meeting in Rome on Saturday.

Andrew Medicini / AP


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Andrew Medicini / AP

New Italian Prime Minister Mario Draghi chairs his first cabinet meeting in Rome on Saturday.

Andrew Medicini / AP

Mario Draghi The famous economist Credited with saving the euro, he was sworn in as Italy’s new prime minister on Saturday. It will be tasked with guiding the country through the twin crises of the Coronavirus and the collapsing economy.

Draghi, who previously held the position of president of the European Central Bank, was sworn in with support from all political spectrums with the support of all but one of the major Italian parties. Twenty-three members of Draghi’s government, which included technocrats and a wide range of politicians, were sworn in on Saturday.

In addition to charting Italy’s course during the pandemic, Draghi is charged with spending Almost $ 240 billionThe recovery fund, which is repeated once in a generation, is provided by the European Union to revive a coming recession. The Italian economy is in its worst decline since World War II, according to Reuters.

A strengthening of the Italian economy could benefit the entire eurozone.

“Your experience will be an exceptional advantage for Italy and Europe as a whole, especially in these difficult times”, European Commission President Ursula von der Leyen He wrote on Twitter.

Draghi must also lead Italy through a pandemic as the country reports one of the highest infection rates on the continent and amidst the vaccine launch, which has affected most of Europe. But Draghi began leading the 67th Italian government since World War II with broad political support, including from The five-star anti-establishment movementIt is the largest group in the country’s parliament.

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In choosing his cabinet, Draghi chose four members of the Five Star Movement. Eight ministerial positions went to technocrats, Reuters reported, while the rest went to parties ranging from the center-left to the populist far-right.

Like BBC analysis indicatesThe Italian political scene is divided and unstable. Draghi is the country’s seventh prime minister in the past decade.

Dragee’s ancestor, Giuseppe Conte, He resigned only weeks ago after infighting among political groups over his handling of the epidemic.

Draghi faces a vote of confidence in Parliament next week, and with only one major party not included in his government – the far-right brothers in Italy – he is expected to garner the largest majority in Italian history. But according to Reuters, some members of the Five Star Movement said they might vote against Draghi, creating internal divisions.

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