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Draghi Hauled Out of Retirement to Lead Italy in Hour of Need

  • Former ECB chief takes on first political role of his career
  • Coronavirus pandemic has brought economy to its knees
Bloomberg business news
Italy Taps Draghi for Premier Role

Mario Draghi managed to keep the euro together at the height of the continent’s sovereign debt crisis, and his next job might require a similar feat.

The former European Central Bank president, credited with saving the single currency with his 2012 pledge to do “whatever it takes,” is set to lead Italy’s 13th government of the current century at a time of unprecedented turmoil.