Vincent Boland: Draghi’s Italian job is really a task for the entire nation
Italy’s afflictions are often filtered through the lens of its enormous public debt and zero-growth economy. Yet its problem is more insidious – that politics does not offer solutions
When Mario Draghi was appointed as Italy’s new prime minister earlier this month, reaction outside the country could be summed up in a word: “Finally.” The former president of the European Central Bank appears – at least according to the conventional wisdom – to have been born for the job.
Cometh the hour, etc. On February 13, Draghi was sworn in to lead Italy’s 15th government since the early 1990s. Investors swooned at the prospect ...