Italy, Recovering Under Draghi, Debates Premiership

ROME—Italy faces a dilemma at a critical moment for its economy and the fight against Covid-19: Should Mario Draghi remain prime minister for another year or become the country’s largely ceremonial president for the next seven?

Mr. Draghi has presided over a robust economic rebound in Italy this year and launched a number of structural overhauls. Many Italians would prefer him to go on running the government until the end of his mandate in early 2023, amid rising economic uncertainty and the globally spreading Omicron variant of the virus.