The New Franco-Italian Alliance in Europe
Behind a new bilateral cooperation agreement between France and Italy is a burgeoning political alliance that could reshape the European Union and its global role. With German Chancellor Angela Merkel departing, all eyes are now on Italian Prime Minister Mario Draghi and French President Emmanuel Macron.
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STANFORD – Italian Prime Minister Mario Draghi and French President Emmanuel Macron are on track to sign a bilateral accord – the so-called Quirinale Treaty named after the Roman palace – designed to boost their countries’ industrial and strategic cooperation. But this new Paris-Rome power axis may do much more than that as it may very well alter the leadership dynamic within the entire European Union.