government crisis Mario Draghi Politics Commentary Italy

Draghi’s resignation in Italy spells trouble for embattled euro

After Mario Draghi submitted his resignation, which was promptly rejected by President Sergio Mattarella, the European Union’s third-largest economy faces an uncertain future. In turn, the euro currency dropped below parity with the dollar and may see more losses ahead. As a former president of the European Central Bank (ECB), the independent Draghi enjoyed the […]
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