The Economist (20210213) by calibre

Author:calibre
Language: eng
Format: azw3, mobi, pdf
Tags: news, The Economist
Publisher: calibre
Published: 2021-02-12T02:07:04.504000+00:00

WAS THERE ever a luckier prime minister than Mario Draghi? Or an unluckier one? He looks set to come into office with around €200bn from the EU’s recovery funds to spend. But he will also take over Europe’s worst-performing economy in a pandemic and with a parliamentary majority hard put to agree on anything, let alone on controversial structural reforms the European Commission wants to see implemented as the largesse is disbursed.

By February 11th only the far-right Brothers of Italy party had declined the chance to climb aboard the “Super Mario” bandwagon. The ideologically variegated Five Star Movement (M5S), the biggest group in parliament, gave its approval following an online ballot of members (with a lukewarm 59% voting in favour of Mr Draghi). Even the hard-right Northern League hastily renounced its Euroscepticism to book a place in Italy’s next parliamentary majority, and perhaps its cabinet.

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