Day: February 12, 2021

ROME — Mario Draghi, a giant of Europe largely credited with saving the euro, formally presented a broad unity government to Italy’s president on Friday, all but assuring that he will become prime minister at a precarious moment when the prospect of a more closely bound European Union hinges on Italy’s success.

Mr. Draghi, who is expected to easily surpass the formalities of confidence votes in Parliament next week, will be tasked with guiding Italy through a devastating and unpredictable pandemic.

But he also must secure its future by wisely and efficiently spending a once-in-a-generation relief package financed by debt

LONDON — When the coronavirus exploded across Europe in March, it realigned city life, shifting office workers to their homes, shuttering the hospitality sector and reshuffling life for millions.

Unshackled from offices — many for the first time in their working lives — city dwellers throughout Europe began to leave, some to avoid the virus but others to to escape cramped and pricey apartments and to connect more with the natural world.

Now, nearly a year after the first lockdowns and with months more of restrictions looming, the easy assumption that most of the coronavirus exiles would naturally return once