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The President of Italy authorized Draghi, former president of the European Central Bank, to form a new government.

The President of Italy authorized Draghi, former president of the European Central Bank, to form a new government.

Mario Draghi, former president of the European Central Bank (Reuters)

February 3rd According to a report by the Wall Street Journal on the 3rd, Italian President Matarera officially authorized Mario Draghi, former president of the European Central Bank, to form a new government to deal with the current epidemic prevention and control and socio-economic recovery work in Italy.

Mario Draghi, 73 years old, has served as the president of the Central Bank of Italy and the European Central Bank. He has been appointed in the face of danger many times.

With his bold and open policy style and effective response, he has been praised by the Italian media as “Super Mario”. According to the Financial Times, during his tenure as the president of the European Central Bank from 2011 to 2019, he coincided with the worst debt crisis in the history of the euro area.

He changed his traditional policy approach and adopted quantitative easing, and finally led the eurozone out of the crisis.

On January 26, the Italian government fell into a crisis of restructuring or early general elections because the Italian Vitality Party withdrew from the ruling coalition due to pressure to submit his resignation.

At that time, Italian media analysis believed that President Matarella would reappoint Conte as Prime Minister and form a new government, but Speaker of the House of Representatives Kofi announced on the 3rd that Conte’s re-forming negotiations failed and there was no hope of becoming Prime Minister for the third time.

Matarera said that he would authorize the formation of a new government as soon as possible to ensure the normal operation of the government, and on the 3rd, he summoned Mario Draghi, the former president of the European Central Bank.

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