Mario Draghi will he save Italy?

After saving the euro zone in 2012, will Mario Draghi save Italy?

The former president of the European Central Bank is called upon to help Europe's sickest economy.

Like an emergency doctor at the bedside of a bloodless Italian economy, which suffered an 8.9% recession last year.

Then the financial markets applaud: rise of the Milan manure, reduction of the interest rate differential with Germany.

The trust capital of "super Mario" is intact, he knows how to talk to the world of finance.

Will he be able to speak to the Italians?

It is much less certain.

He is a technocrat with no parliamentary experience.

He had released the "bazooka", it had been said, to save the euro from the 2012 crisis, and it is with a bazooka that a large part of the Italian political class expects it.

A political class which nevertheless knows that Italy is going through an unprecedented economic crisis.

It is, somewhere, the luck of Draghi who also has another trump card up its sleeve: Europe has been very generous with regard to the third economy of the euro zone.

Italy will benefit from the windfall of European funds to finance a recovery plan of 223 billion euros.

And seen from Brussels, it is reassuring that the implementation of this real Marshall Plan will be led by such a serious personality as Mario Draghi.

He himself had set the course for his government to follow: it was last summer, Draghi was preparing in the shadows to become Prime Minister.

He then explained that the money raised on the markets by Europe was to be used "to produce good debt for productive purposes: investment in human capital, infrastructure and research".

A program in line with Brussels orthodoxy.

The last time a pure technocrat had been called to the rescue to run Italy, it had ended badly.

It was Mario Monti ten years ago, in the midst of the financial crisis.

The big difference is that Monti had arrived to put in place an austerity plan to try to put the public accounts in line.

It was perfectly unpopular.

There, it's almost the opposite since Draghi arrives with a huge budget to spend to support the economy.

It was Draghi, not Emmanuel Macron, who invented the formula "whatever the cost", a formula used at the time to save the most fragile economies in the euro zone from the financial crisis.

He will have to apply it to a country sick to the point of being one of the only ones, in Europe, not to have regained the level of wealth per inhabitant before the 2008 crisis. This is to say the mission which awaits the one who is nicknamed, perhaps a little too soon, "the savior of the Fatherland".