Draghi brings market savvy, gravitas to tame Italy's crises

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Former European Central Bank President Mario Draghi, left, leaves the Chamber of Deputies following talks, in Rome, Wednesday, Feb. 3, 3021. Mario Draghi has agreed to try to form a non-political government to steer Italy through the coronavirus pandemic. (Cecilia Fabiano/LaPresse via AP)

Former European Central Bank President Mario Draghi gets on a car as he leaves the Chamber of Deputies following talks, in Rome, Wednesday, Feb. 3, 3021. Mario Draghi has agreed to try to form a non-political government to steer Italy through the coronavirus pandemic. (Cecilia Fabiano/LaPresse via AP)

FILE - In this Thursday, June 5, 2014 file photo, the President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Michael Probst, File)

ARCHIVO - El presidente italiano Sergio Mattarella estrecha la mano del presidente del Banco Central Europeo, Mario Draghi, en Fráncfort, Alemania, 28 de octubre de 2019. Draghi aceptó el miércoles 3 de febrero de 2021 encabezar por pedido de Mattarella un gobierno apartidista en Italia al fracasar los intentos de elegir a un sucesor para el premier saliente Giuseppe Conte. (Boris Roessler/Pool Foto via AP)

Former European Central Bank President Mario Draghi, center, framed by a window, passes by a Cuirassier Regiment's guard as he arrives at the Quirinale presidential palace for talks with Italian President Sergio Mattarella to discuss a mandate to form a new government, in Rome, Wednesday, Feb. 3, 2021. (Ettore Ferrari/Pool via AP)

FILE - In this Thursday, July 4, 2013 file photo, President of European Central Bank Mario Draghi smiles during a news conference in Frankfurt, Germany. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Michael Probst, File)

FILE - In this Saturday, May 13, 2017 file photo, President of the European Central Bank Mario Draghi, left, and International Monetary Fund Managing Director Christine Lagarde share a word in Bari, southern Italy. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Andrew Medichini, File)

FILE - in this Thursday, Oct. 24, 2019 file photo, President of European Central Bank Mario Draghi stands up on the podium after a press conference after chairing his last policy meeting in Frankfurt, Germany. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Michael Probst, File)

Former European Central Bank president Mario Draghi speaks to the media after accepting a mandate to form Italy's new government from Italian President Sergio Mattarella at the Rome's Quirinale Presidential Palace, Wednesday Feb. 3, 2021. (AP Photo/Alessandra Tarantino, Pool)

Former European Central Bank President Mario Draghi waves as he gets on a car after leaving the Chamber of Deputies following talks, in Rome, Wednesday, Feb. 3, 3021. Mario Draghi has agreed to try to form a non-political government to steer Italy through the coronavirus pandemic. (Cecilia Fabiano/LaPresse via AP)

FILE - In this Thursday, Dec. 3, 2015 file photo, President of the European Central Bank Mario Draghi speaks during a press conference following a meeting of the governing council in Frankfurt, Germany. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Michael Probst, File)

FILE - In this Thursday, Nov. 6, 2014 file photo, President of European Central Bank Mario Draghi, laughs during a news conference in Frankfurt, Germany. Italy’s weary president on Wednesday, Feb. 3, 2021 tapped “Super Mario,” arguably the world’s most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone’s third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Michael Probst, File)

FILE - In this Aug. 25, 2017 file photo, Federal Reserve Chair Janet Yellen, center, talks with Mario Draghi, right, head of the European Central Bank, and Haruhiko Kuroda, head of the Bank of Japan, during a break at the central bankers conference at Jackson Hole, Wyo. Italy's weary president on Wednesday, Feb. 3, 2021 tapped "Super Mario," arguably the world's most famous Italian, to resolve a festering political crisis that threatens the ability of the eurozone's third-largest economy to manage the coronavirus pandemic and recover from the worst recession since World War II. (AP Photo/Martin Crutsinger, File)