How a Draghi's government would look like and entail for Italy?
Already depicted a major vindication by Matteo Renzi, the 4th technocratic government of Italy is set to produce major consequences for the Italian political system
A THREAD
1. A Draghi's government marks a major failure of the Italian political system and its class incapable to work meaningfully work in the country's interests
It's motivated by FEAR, and DISTRUST in the electoral democratic process.
2. Mario Draghi is the man who saved Europe during the Eurozone crisis, and today might be the only man able to save Italy having advocated for / inspired the formula underpinning Next Generation EU ft.com/content/c6d2de…
3. His unexpected entry into Italian political realm makes virtually ALL political forces somehow unease.
The winner of 2019 elections (with largest number of seats in Parliament) - the M5S - likely to split
The right might abstain (support)
PD/Forza Italia to support it
4. Draghi might have a narrow support within the existing parliament at least in his first days… and then gain a modus operandi enabling his government to 'institutionalize' beyond 9 August (natural expiration date)
5. From Aug 9, President Mattarella will no longer be able to call for snap election (white semester) as outgoing
Interestingly, the most likely candidate to replace him is: Mario Draghi (!)
(gossip is that Draghi might miss that boat as a result - but unlikely to care)
6. As the past teaches us (DINI/CIAMPI/MONTI), technocratic solutions carry high costs in the long term, notably in terms of political disaffection and might lead to strengthen the right parties that today call for snap elections
Although #EUCO conclusions on RoL Regulation are a political document, they’re legally relevant as they might potentially (yet illegally) amend the new #ruleoflaw mechanism.