The sudden ascent of the man credited with helping save the euro was a pipe dream for Italians frustrated with a coalition paralyzed by ideological schisms and incompetence.
Tag: Draghi, Mario
Italy Looks to Mario Draghi to Solve Crisis, to Delight of Pro-E.U. Politicians
After a last-ditch attempt to revive Prime Minister Giuseppe Conte’s majority failed, Italy’s president summoned Mr. Draghi, the ex-head of the European Central Bank, to discuss leading Italy through the coronavirus emergency.
Christine Lagarde Faces a New Challenge in Europe
She’s run the I.M.F. She’s a lawyer. She’s not an economist. Does that matter as she prepares to lead the European Central Bank?
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.
The E.U. Has 4 Main Chiefs. What Do They Do?
The race to name the presidents of the four institutions that run the European Union is on. Here’s what each of institution does, and why it matters.