Draghi says he's done his job, as he eyes Italian presidency

Italian Premier Mario Draghi says his government has accomplished most of what it set out do in fighting the pandemic and restoring economic growth

Italy Politics
Italy Politics

Italian Premier Mario Draghi said Wednesday his government has accomplished most of what it set out do to in fighting the pandemic and restoring economic growth — signaling for the first time that he may be ready to run for the Italian presidency and return the running of the government back to political parties.

Italian media have been speculating for weeks about Draghi’s possible presidential ambitions, given that the seven-year mandate of President Sergio Mattarella expires in February and the broad-based support that Draghi had enjoyed as premier from Italy’s fractious political parties has begun to erode.

The Italian presidency has limited powers and is largely ceremonial. But the president plays a key role in resolving political impasses, and having the internationally respected Draghi in the Quirinale Palace would send a signal of Italian stability and credibility for seven more years.

Draghi, 74, didn’t respond directly Wednesday when asked repeatedly about his future at an end-of-year news conference.

“My personal destiny matters absolutely not at all,” he said. “I don’t have particular aspirations of one type or another. I’m a man, a nonno (grandfather) if you like, at the service of institutions.”

But he stressed that neither he nor his government were essential to Italy’s continued fight against the pandemic or its implementation of its 261 billion-euro recovery plan, which envisages billions in investments in sustainable development, digital transformation and structural reforms.

“We have created conditions so that work on the (plan) can continue,” he said. “The government has created these conditions, independent of who will be (in charge). People are always important, but the other aspect is that it’s also important that the government is supported by the majority” in parliament.

Just this week, the Financial Times opined that Draghi would serve Italy best by moving into the presidency, since his government could last at most a few more months before political forces get “election fever” ahead of scheduled 2023 parliamentary elections.

The Italian president had called on Draghi to lead a broad-based government in February after a political crisis that saw the collapse of Giuseppe Conte’s government. It was a delicate moment in which the country needed to assert credible and stable leadership to persuade the European Commission to entrust it with billions in pandemic recovery grants and loans.

Draghi recalled that his government had been born at the request of Mattarella, and said it had done “much of what it was called to do,” thanks to the support of the political forces that backed it, from the center-left Democratic Party to the center-right Forza Italia.

Italy, where the outbreak first erupted in Europe in February 2020, has vaccinated more than 85% of over 12s. It has seen a new surge in cases, though it is currently faring better than other Western European countries. Economic growth is predicted at some 6% this year, after losing nearly 9% last year.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in