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Italy's Draghi Recovery at Risk

The Next Generation EU pandemic recovery fund has delivered to Italy a once-in-a-generation opportunity to reset its economy. But the risks posed to Prime Minister Mario Draghi’s government by the looming presidential election may make the country incapable of seizing this moment.

LONDON – As Italy scrambles to control surging COVID-19 infections – including by making vaccination compulsory for anyone over 50 – cracks are appearing in the broad ruling coalition led by Prime Minister Mario Draghi. A crucial test will come next week, when Italy’s 630 members of parliament, 321 senators, and 58 regional representatives elect a new president.

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