Draghi report
| Author | Mario Draghi |
|---|---|
| Original title | The future of European competitiveness – A competitiveness strategy for Europe |
Publication date | 9 September 2024 |
The Draghi report is a 2024 report addressing European competitiveness and the future of the European Union. Authored by former ECB chief Mario Draghi, it was one of two widely anticipated reports on EU reforms in 2024. Parts of the report's proposals have already been adopted by European Commission president, Ursula von der Leyen, for the work programme of her 2024-2029 Commission term.[1][2]
Competitiveness
Draghi's report urges the EU to foster more investment to increase European productivity. The report proposes new prudential rules for banking and institutional investors to facilitate risky investments.[3] Draghi warned that if the EU failed to catch up with its rivals they would face 'slow agony'.[4]
EU budget
The report supports joint borrowing, something Ursula von der Leyen and various member states immediately rejected.[5][6][7]
Reactions
A report out of Chatham House opined that "Stark recommendations in the report risk being thwarted by a European leadership vacuum – and a lacking sense of urgency."[8]
References
- ^ "Five questions (and expert answers) about Draghi's new report on European competitiveness". Atlantic Council. 2024-09-10. Retrieved 2024-09-12.
- ^ "Mario Draghi's competitiveness report sets a political test for the EU". Chatham House – International Affairs Think Tank.
- ^ "Europe's Draghi report unleashed: These are the 5 things to watch". POLITICO. 2024-09-09. Retrieved 2024-09-12.
- ^ https://www.reuters.com/markets/europe/draghi-urges-reform-massive-investment-revive-lagging-eu-economy-2024-09-09/.
{{cite news}}: Missing or empty|title=(help) - ^ "Q+A: No, Draghi does not want €800b in EU debt". The Parliament Magazine. 2024-09-11. Retrieved 2024-09-12.
- ^ Carretta, David; Spillmann, Christian (2024-09-10). "Ursula von der Leyen utilisera Draghi "à la carte"". La Matinale Européenne. Retrieved 2024-09-12.
- ^ "Germany's Lindner rejects Draghi's common borrowing proposal". POLITICO. 2024-09-09. Retrieved 2024-09-12.
- ^ https://www.chathamhouse.org/2024/09/mario-draghis-eu-competitiveness-report-sets-political-test-eu.
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External links
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