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Italian Prime Minister Mario Draghi waves to the media at an EU summit in Porto, Portugal. Italian Prime Minister Mario Draghi after addressing a media conference at an EU summit in Porto, Portugal, May 8, 2021 (pool photo by Francisco Seco via AP).

Can Italy’s Draghi Keep Up His Winning Streak?

Wednesday, Aug. 18, 2021

During his first six months in office, Italian Prime Minister Mario Draghi has notched several key accomplishments. In June, he secured the European Union’s approval for Italy’s COVID-19 rescue package, totaling 191.5 billion euros, or roughly $224 billion, giving it the largest share of the bloc’s 750-billion-euro pandemic recovery fund. Then, in late July, Draghi’s Cabinet signed off on a contentious overhaul of the Italian justice system, a goal that had eluded many previous governments. 

His success might come as a surprise given Italy’s reputation for political tumult. The previous coalition had collapsed at the beginning of the year after months of escalating political tensions, leading President Sergio Mattarella to task Draghi with forming a government in February. An economist who headed the European Central Bank in the aftermath of the global financial crisis, Draghi was widely seen as the last, best hope to bring order to Italy’s unruly politics.  ...

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