Vatican City, Feb 17, 2021 / 02:00 am
Mario Draghi, an economist and retired banker, was sworn in as prime minister of Italy on Saturday, after the previous government coalition collapsed when a party pulled its support for then prime minister Giuseppe Conte.
As President Sergio Mattarella's pick to form a new government, Draghi was an unexpected choice. But he was able to win enough support to form a new coalition, appointing a mix of technocrats and politicians to his cabinet.
Many in Italy hope that the 73-year-old Draghi, president of the European Central Bank from 2011 to 2019, can save the country's faltering economy. He is credited with saving the failing euro during the eurozone crisis, earning him the nickname "Super Mario."
Pope Francis signaled his approval for the economist in July 2020, when he named him as one of 26 ordinary academicians of the Pontifical Academy of Social Sciences, which promotes the study of economic and political sciences to aid the development of the Church's social doctrine.