“Super Mario” joins Italy’s technocrats
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Former European Central Bank chief Mario Draghi has agreed to form a government to steer Italy through its health and economic crises
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1993-94, Carlo Azeglio Ciampi: Following series of corruption scandals, former central banker takes over as prime minister

Crisis: GDP plunges by almost 20%
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1995-96, Lamberto Dini: Central bank economist appointed following fall of Silvio Berlusconi’s government
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2011-13, Mario Monti: Former European Commissioner introduces tax hikes and pension reforms
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Feb 2021, Mario Draghi: Will have €209 billion from European Union’s €1.8 trillion Covid recovery fund
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2008: 2.41 GDP at start of financial crisis

Gross domestic product (current prices, $ trillions)

2.5
2.09
2.0
1.84 
1.85
1.81
1.31 
1.17
1.27
1.05
1.5
1.0

 1990 1995 2000 2005 2010 2015 2020

Jan 13, 2021: Dispute over Prime Minister Giuseppe Conte’s (inset) blueprint for post-pandemic recovery. Former prime minister Matteo Renzi pulls his Italia Viva party out of coalition government

Jan 26: Conte resigns
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Sources: Bloomberg, Financial Times, IMF Pictures: Getty Images © GRAPHIC NEWS