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Draghi’s Appointment as Italian Prime Minister Will Create Short-Term Stability

MIN READFeb 12, 2021 | 16:52 GMT

Italian Prime Minister Mario Draghi-designate speaks to the media on Feb. 3, 2021, in Rome.

(Roberto Monaldo/AM POOL/Getty Images)

The appointment of former European Central Bank President Mario Draghi as Italy's new prime minister will create temporary political stability in the country and unlock significant EU financial assistance to it. But a heterogeneous political coalition, COVID-19 and difficulty implementing economic structural reforms could create new instability in the medium to long term. In the coming hours, Draghi will present a list of Cabinet ministers and a government program....

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