Mario Draghi

The European Union is struggling with economic problems and is increasingly looking at the back of the US and in some respects China. According to a report recently commissioned by the European Commission from the former central banker and former Italian Prime Minister Mario Draghi, the solution lies, among other things, in greater European investment. And to ensure that there is enough money for this and that European investors do not go elsewhere, the European capital market should be strengthened. Filip Křenek, project coordinator and analyst at EUROPEUM Institute, commented for Český rozhlas Plus.

Radical reforms or slow agony. This is the choice facing Europe if it is not to continue to fall behind its American and Chinese competitors, according to a recently published analysis by renowned economist and politician Mario Draghi. Viktor Daněk, deputy director, and Filip Křenek, project coordinator and analyst at the EUROPEUM Institute, commented for Neovlivní.cz.

In a comprehensive analysis, renowned economist and former Italian Prime Minister Mario Draghi warned EU countries that if their economies continue to grow as they have been, they are in for "slow agony". Well, stagnation. According to the former chief of the European Central Bank, the EU economies will be as large in 2050 as they are today, mainly because the number of people of working age will fall. The only way to reverse this trend is for EU countries to significantly increase their productivity. However, productivity in Europe has grown much more slowly in recent years than in the United States, for example. Filip Křenek, project coordinator and analyst at EUROPEUM Institute, commented for Hospodářské noviny.

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.