Mario Draghi always wins (GREGORIO BORGIA/POOL/AFP via Getty Images)

After seven inconclusive rounds of voting, on Saturday the Italian parliament re-elected Sergio Mattarella as the country’s president and official head of state. It didn’t come entirely as a surprise. As I noted on UnHerd, the two most likely winners were Mattarella and Mario Draghi.
The latter had made his intention to become president rather clear: Draghi’s approval ratings as Prime Minister are falling, and likely to worsen as the country’s post-pandemic social and economic crisis unfolds and opposition to draconian Covid measures grows; he was, in effect, hoping to pass on that buck. Moreover, from the highest chair in the Italian state, he would have been able to oversee and steer any government for the next seven years.
Yet his odds faded as politicians failed to agree on a replacement prime minister with sufficient support or clout to see the government through to the end of the parliamentary term in 2023, thus raising the prospect of early elections — something hardly any MP wanted, for obvious pecuniary reasons. At that point, after a few failed attempts by the parties of the Right to gain support for a joint candidate, all the major parties (with the exception of Giorgia Meloni’s Brothers of Italy) opted for plan B and overwhelmingly re-elected Mattarella.
He represents the best possible outcome for the Italian and Euro-Atlantic establishment, if not for Draghi himself: the Draghi government will remain in place until the next elections, with a staunch defender of the status quo in the role of president.
From the establishment’s perspective, it also represents a win-win scenario for 2023. If a Right-wing coalition fails to secure a majority, they will be forced to find an agreement with other parties on a new “government of national unity”, much like the current one — and Draghi would be the most obvious candidate to head it. At the same time, if they were to succeed in securing a majority, they would still need a president capable of “vouching” for a Right-wing government and safeguarding it against any backlashes from financial markets or the European institutions — and Draghi would, again, be the most obvious choice. In that case Mattarella could step down, citing old age (he’ll be 81 next year), and pass the ball the Draghi.
That said, another positive unintended consequence of the election — again, from the establishment’s perspective — is to have made the prospect of a Right-wing majority in 2023 even less probable. The Right-wing alliance — Meloni, Salvini and Berlusconi — is more fractured than ever, and some even wonder whether it still exists. Berlusconi is no doubt furious at the other parties for not supporting Forza Italia’s candidate, Maria Elisabetta Casellati, the President of the Senate, in the secret of the ballot box. Meanwhile, Meloni chastised Salvini’s decision to support Mattarella, tweeting “I can’t believe it”.
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