Italy’s “Super Mario” is the new Prime Minister

On Friday, February 12, with high hopes of leading Italy out of the political quagmire and the new Epidemic, 73-year-old Mario Draghi, former president of the European Central Bank, officially accepted his appointment as Italy’s new prime minister and announced the composition of his cabinet of ministers.

Mario Draghi had the reputation of “Super Mario” for his outstanding role in handling the eurozone debt crisis in 2012. Since Italian President Mattarella authorized Draghi to form a new cabinet on Feb. 3, Draghi has not made public appearances, but has been meeting non-stop with political representatives from all sides of the parliament, forming a pluralistic carriage that includes the center-left Democratic Party, to the right, the far right, etc. And on Thursday, the Five Star Movement party also gave Draghi the green light to form the last obstacle to Italy’s national unity government, which was cleared. .

Italy’s cumulative death toll from the new crown is approaching 100,000, with only 1.2 million people vaccinated and a total population of 60 million. 2020 is also a year of economic disaster for Italy, as the third largest economy in the EU, the country’s gross domestic product fell the most in the entire eurozone, reaching 8.9%. AFP quoted the analysis of Milan Polytechnic Business School Professor of Economics Fabio Parmoli said that, for the Time being, leaving aside the EU common borrowing that will be obtained, Italy has accumulated a huge debt in recent years, approaching 260 billion euros, which is equivalent to 158% of Italy’s gross domestic product level at the end of 2020, the proportion in the eurozone, second only to Greece.