In a report to the European Commission, Mario Draghi, former Italian Prime Minister and head of the European Central Bank, warns that without massive investment in green technology, digitalization and defense, Europe will lose its competitiveness. The report was commented by Associate Research Fellow at EUROPEUM Institute Klára Votavová.
If the EU is to secure the necessary hundreds of billions of euros in private and public investment, Draghi said it must, among other things, better integrate the EU's private investment market and increase its budget through new "own resources" and joint EU loans.
Read Klára Votavová full commentary here.
#European Centra Bank #green technology #digitalization #competitiveness #Mario DraghiExpertise: Social policies, EU digital policies, Just Transition, Central and Eastern Europe