With Italian Prime Minister Mario Draghi’s premiership on the brink of collapse, the European Union may be about to lose one of the last grown-ups in the room.
Draghi, 74, is credited with saving the euro during the financial crisis and has played a crucial role in stabilizing the EU’s third-biggest economy as the bloc faces an energy crunch and war on its doorstep.
But a domestic political feud within his coalition government proved too much for the Italian leader to tolerate and he announced on Thursday that he was offering to resign. His resignation was instantly rejected by Italian President Sergio Mattarella, but the drama is not over.
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