Draghi, everyone’s candidate who doesn’t want to be nominated

The former president of the ECB works for Europe but without entering into political dynamics

The presidency of the EU Council, after that of the Commission. The hypothesis of a candidacy for Mario Draghi this time it is relaunched by the Financial Times, as an opportunity offered by Charles Michel’s step backwards, after his choice to stand as a candidate in the European elections. Let Draghi’s name circulate, and even with a certain insistence, every time you think of a ‘important’ choice for a key role in Europe it is physiological, in terms of authority, competence and history.

He is the man who more than anyone was able to impact the recent history of the continent, defending and saving the Euro from the most violent financial crisis it has ever had to face. He did it as President of the ECB, with a very political interpretation of a technical role. As Prime Minister, in Italy, he was called upon to pull the country out of another crisis, entirely political, after the implosion of the majority that supported the second government led by Giuseppe Conte. He would then have willingly moved to Colle, from President of the Republicbefore the impasse in Parliament was not resolved with a plebiscite for Sergio Mattarella’s second mandate.

In Draghi’s path there is a line of coherence that has always inspired his behavior: he does not engage in politics and does not allow himself to be nominated by politicians, or at least he does not work to be nominated by politicians. It is the blame, moreover, that is attributed to him by those who claim that he played his cards badly in the race for the Quirinale. He considered it possible, by making a mistake in his assessment, that the necessary consensus to be elected would gather around him but he did little, if anything, to make this happen.

For the last year the posture has been the same. With a formula that also recurs in biased reconstructions, those that the press attributes to sources close to him: he is not interested in taking positions at the top in Europe and, in any case, is in no way favoring or stimulating solutions of this kind. Draghi has clear ideas about what Europe should and could be and when he has the opportunity he says it with sufficient clarity: “the European growth model has essentially dissolved, we need to invent a different way to grow and to do so Europe must become a state”. The words used during the presentation of Aldo Cazzullo’s book ‘When we were masters of the world’ are an ambitious program, which expresses all of Draghi’s concern and interest in the fate of Europe. Not only. The former President of the ECB is also working, within the framework of the task received from the President of the European Commission Ursula von der Leyen for the Competitiveness Report, precisely to indicate the way to take steps forward in the indicated direction, as demonstrated by the meeting in program on Wednesday in Milan with the companies of the European round table (ERT) for Industry.

In the coming months, new rumors and new potential candidacies for Draghi will arrive but his position will remain the same, that of a ‘natural’ candidate who does not want to be nominated. Another thing could be to evaluate an ‘investiture’ following a path that politics should follow independently. It is difficult to get there, considering the interests at stake and the intersection of the legitimate aspirations of European political families and national parties. (By Fabio Insenga)