Exit the Dragon

Italian Prime Minister Mario Draghi resigned today after his coalition fell apart, leaving Italy, and all of Europe, with a leadership vacuum at a critical time. The former head of the European Central Bank was brought in as a relatively neutral expert to lead a coalition of both the left and the right in February 2021. It has been a rocky road, and this month the disagreements in his coalition became too great. He sent in his resignation last week (but it wasn’t accepted) after the populist Five Star Movement refused to back his government in a confidence vote. A second confidence vote yesterday showed he could not cobble together the wide-ranging coalition he wanted, and so this morning he resigned once again. This time the president, Sergio Matterella, accepted it.

Read more at “Italy: Exit the Dragon”

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