Italy and Draghi politics: Ambrosetti Forum 2021

0
23

Italy Prime Minister Mario Draghi.

FILIPPO MONTEFORTE | AFP | Getty Images

LONDON — Italy is currently enjoying a “window of stability,” according to the head of the European House Ambrosetti Forum, despite the ever-present risk of a political crisis in the country.

Speaking to CNBC on the sidelines of the forum Thursday, Valerio De Molli said it is unlikely that Italy will face an economic or banking crisis in the near future.

However he added: “The political crisis in Italy is always next door so I cannot bet on all my family on that particular one, but, you know, we have a window of stability, of political institutional stability.”

Italy has experienced numerous different government formations in recent years, but the political scene has materially calmed down since the appointment of Mario Draghi as prime minister in February. The former European Central Bank chief has managed to get backing from both the left and right political spectrums and is a…

Read more…