Mario Monti, the Italian Prime Minister who spared the euro zone’s third-largest economy from all of Dante’s circles of 651345435hell, its sure destiny under his predecessor Silvio Berlusconi. It is another Mario – Mario Draghi, president of the European Central Bank.

Mr. Draghi, who was the Financial Times’s Person of the Year and lauded pretty much everywhere else (eclipsing Canada’s Mark Carney, the next Bank of England governor, if you can believe that) made two bold moves that removed the crisis’s rough edges.

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