Draghi Report: How the EU wants to combi • Table.Briefings

The former head of the European Central Bank (ECB), Mario Draghi, presents his report on the competitiveness of the EU in Brussels.

In a report for the EU Commission, former ECB chief Mario Draghi complains that the EU is falling behind in competition with the USA and China. He sees an opportunity in decarbonization – provided Europe cleverly aligns its policies accordingly. Among other things, Draghi calls for lower energy prices and targeted support for energy-intensive sectors and the automotive industry.

How successful the decarbonization of the European economy is will largely determine the future competitiveness of the EU – and conversely, the future competitiveness of the EU will largely determine the success of decarbonization. This is according to a report published on Monday by a team led by former ECB President Mario Draghi for the EU Commission.

Draghi Report: How the EU wants to combine climate action and competitiveness

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