instagram
twitter
europolitiche

Sign up now to

europolitiche3

Newsletter

europolitiche

Cross-media in Italian on the policies of European institutions and governments of European Union countries

Cross-media in Italian on the policies of European institutions and governments of European Union countries

Il rilancio economico e produttivo dell'UE secondo Marco Buti e Marcello MessoriI Winter Dialogues di EuropoliticheThe Munich Security Conference in Germany from 14 to 16 FebruaryBudget 2028–2035, Dombrovskis: "These will be challenging years"Trump Tariffs: E.U. Vows CountermeasuresFrom Monday 10 February, the European Parliament will hold a plenary sessionEU Leaders discuss defence and transatlantic relations at informal meetingDialoghi d'inverno: "Fare l'Europa, fare la pace", presentiamo il libro di Luca JahierSpinelli Group presented Project 27EU Commission presents its compass to boost Europe's competitiveness in the next five yearsSerbia: Vučević resigns after months of protestsWorld Leaders Gather To Commemorate 80th Anniversary Of Auschwitz LiberationDavos 2025: European leaders' reactions to the policies announced by TrumpCouncil of Europe launches European Year of Digital Citizenship Education 2025President Von der Leyen at the EP Plenary: innovation, energy, economic resilience and securityMacron et Scholz promettent une Europe forte et unieDonald Trump is sworn in as the 47th US President in the USEU defense: invitation letter by President Costa to the members of the EU CouncilIn memoria del professor Raimondo Cagiano de AzevedoPoland takes over EU Presidency for the second time in its historyRomania and Bulgaria fully join Europe’s borderless travel zoneGerman election 2025: Parties present campaign platformsFrance : Lombard doit surtout préparer dans l’urgence un budget pour 2025France : la composition du nouveau gouvernement de François Bayrou, dévoiléeLa federazione mondiale di Alcide ScarabinoTwo months of election campaign in GermanyL'esito della selezione per la visita a StrasburgoThe fall of the Assad regime and the new Syria. Doubts and prudence from Brussels and European capitalsGeorgia: anti-EU President elected as protests continueLa France a son Premier Ministre, il s'agit de François BayrouRomanian court annuls result of presidential electionRéouverture de Notre-Dame: les dirigeants du monde entier à ParisECB's Lagarde says the outlook for the Eurozone is uncertainFrance, la fin du gouvernement Barnier : Macron parlera à la nationThe conclusions adopted by Cop 29 in Baku
europolitiche

Draghi at Ecofin: "the EU is not keeping pace, we must invest enormous public and private sums "

24-02-2024 17:13

Europolitiche

Europolitiche, mario draghi, Ecofin 24 february 2024, Gand Ghent ,

Draghi at Ecofin: "the EU is not keeping pace, we must invest enormous public and private sums "

“The needs of the green and digital transitions are estimated at at least 500 billion euros per year, to which defense and productive investments must be added”

Mario Draghi had an initial meeting with European economic ministers for the preparation of the report on the competitiveness of the euro entrusted to him by the European Commission. The meeting of ministers with the former president of the European Central Bank took place on Saturday 24 February, at the Ecofin in Ghent, Flanders.

“Many profound changes have occurred in the global economic order in recent years and these changes have had a number of consequences, one of which is clear: Europe will have to invest   enormous amount of money in a relatively short time,” explained Draghi. “ When we look at our main competitors and at the United States in particular, the gap is everywhere: in productivity, in GDP growth, in GDP per capita ,” insisted the former president of the European Central Bank who also reported quantitative estimates of resources to invest for European growth and competitiveness.

The needs of the green and digital transitions are estimated at at least 500 billion euros per year, to which defense and productive investments must be added ”. Draghi's concern concerns "The gap between the EU and the USA" which "is widening especially after 2010. It took the USA two years to return to previous levels, the EU 9 years and we have not gone up since then. There is an investment gap of 1.5% of GDP equal to 500 billion euros." Addressing the ministers gathered in Belgium, Draghi asked them how to finance the needs of the huge investments to be made, how to mobilize savings in Europe, the national fiscal space, also in light of the new rules of the Stability Pact, and what think of an EU fund, a loan or public and private partnerships channeled by the European Investment Bank.

At Ecofin there was a clear feeling that Mario Draghi's prestige and authority could provide an added value of great impact in the next decision-making rounds of European economic assemblies.

staff @europolitiche.it



instagram
twitter
whatsapp

WEBSITE CREATED BY Q DIGITALY

©2021-2022 di Europolitiche.it