We are waiting to see the final result of the round of European nominations to judge, but as of now the least that can be said of the way in which the Government, and especially the mef driven by Giancarlo Giorgetti, is managing the Italian candidacies for two key seats, such as that of executive member on the board of the ECB, and that for the presidency of the The , it really couldn't get more messed up than that.
Yesterday the President ofEurogroup, Paschal Donohoe, announced that, upon expiry of the deadline for submitting nominations for the replacement on the board of the ECB of Fabio Panetta, who in the coming weeks will become the new Governor of the Bank, the only candidate is Peter Cipollone, current deputy general manager of Via Nazionale. The candidacy will be discussed at the Eurogroup on 15 September in Santiago de Campostela in Portugal. Therefore, a full-fledged reversal by Giorgetti, who in recent days had leaked his preference for the ECB to the former Minister of Economy Daniel Franco. Was Giorgetti confused? Who made him reconsider? The Meloni? The Bank of Italy? Maybe.
Now, however, everything is reciprocated and, after a new conversation with Franco, Giorgetti has relaunched the candidacy of his predecessor at the ministry in Via XX Settembre for the presidency of the EIB, where, however, there is no shortage of competitors and they are fierce. The Italian Government is convinced of the validity of the Franco proposal and "records that in recent weeks the consensus in European circles for the Italian candidacy has grown". Let's hope that this is really the case and that in the end Italy brings home the appointment of Cipollone, highly sponsored by the Bank of Italy, as head of the ECB and that of Franco as president of the EIB. But one thing is certain and that is that, after this affair, the Government's botched management of the European appointments has caused Italy to lose further international credibility and frankly there was no need for it. Giorgetti (and maybe not only him) down from the tower.
