Everything we know about the Draghi report
25/06/2024
Podcast by Miriam Sáenz de TejadaNicoletta Ionta
The forthcoming report by former Italian prime minister and former European central bank president, Mario Draghi, on the future of European competitiveness is a valuable opportunity to shape the EU policy agenda for the coming EU legislative term and beyond.
The report will focus on the EU's aim to leverage its numerous strengths and competitive advantages while also tackling existing challenges and facilitating the twin transition towards a sustainable and digital economy.
But why has Draghi’s report been delayed and what reactions can we expect to it? To understand this better we spoke with Euractiv's economy reporter Thomas Moller-Nielsen.
In this episode you will find more about:
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The Draghi Report, authored by former Italian Prime Minister and European Central Bank President Mario Draghi, focuses on revitalizing European competitiveness amidst economic challenges and the transition to a sustainable and digital economy.
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The report's delay is attributed to its potentially controversial proposals, including significant public investment, fostering larger European companies, and diversifying critical material supply chains.
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Draghi's emphasis on competitiveness and potential policy recommendations, such as tariffs and subsidies, have sparked concerns about the report being overly business-friendly and neglecting social considerations.
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Despite these concerns, Draghi has expressed commitment to preserving Europe's social safety net and has engaged with labor unions to address their apprehensions. The report's ultimate impact and reception remain to be seen, particularly with Hungary assuming the EU presidency in July.