great divergence 2021

pedro mario

Draghi’s Presence In Italy Reassures Europe, Will Spain Become Their Concern?

Spain may face a surprise problem if Draghi’s government remains for long as, in the eyes of many, we may become the focus of Europe’s problems. In recent years, our authorities have taken a rather conciliatory tone to Brussels, which has made it possible to dilute the fact that we have not fulfilled our commitments, especially when the belligerence of the Northern League’s government made us look like a good pupil. The former head of the ECB knows well how to handle the Community bodies and, above all, the mechanisms to generate a good image in the eyes of the markets.