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Salva
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The most anticipated strategic document of September, the Competitiveness Report that Mario Draghi presented this morning, is organized into six points that outline the challenges that Europe must face.
- Before listing its proposals, the report highlights the new context to which the Union and its Member States must adapt: declining economic growth, even if the continent retains its strengths – in particular a low level of inequality – and three external constraints that will have to be overcome: – the era of booming world trade supported by multilateral rules seems to be over; cheap Russian energy is no longer an option after the invasion of Ukraine; the protection of American security is no longer guaranteed and the Union can no longer do without its defense.
- Draghi has already made these points in two previous speeches published in the April and June pages.
The Report is structured around five key points:
- Bridging the innovation gap (including skills);
- Combining decarbonisation and competitiveness;
- Strengthen security and reduce dependency;
- Investment financing;
- Strengthening governance.
The report can be read here and here.
To understand the logic of the Report, we publish on our pages a doctrinal cue.