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It’s Summer, So Italy Is in Crisis

GARMISCH-PARTENKIRCHEN, GERMANY - JUNEPhotographer: Sean Gallup/Getty Images Europe

It wouldn’t be summer in Europe without a bubbling political crisis in Rome. After almost 18 months of (relative for Italy) stability under the technocratic leadership of Mario Draghi, the wheels are starting to fall off.

Draghi, the former European Central Bank chief, now has less than a week to either navigate difficult compromises with fractious factions in his government, or make good on his offer to step down.