Part 8/11:
The search for a solution has seen the emergence of Mario Draghi, the former president of the ECB, who took on the role of Italian Prime Minister in 2021. Draghi, lauded for his crisis-management skills, initially secured over €199 billion in pandemic recovery funds from the EU to address Italy's long-standing economic issues and spur growth. Yet, his leadership was cut short in 2022 amid rising political tensions, casting doubt on the efficacy and sustainability of the recovery strategies meant to address the extensive debt.