Facing China and the United States, Mario Draghi proposes “radical change” in Europe | EUROtoday

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Lhe financial warfare will not be an empty phrase and Europe is dropping it. In the mouth of Mario Draghi, the alarm shouldn’t be taken frivolously. The former President of the Italian Council contemplates a world the place no main participant, China or the United States, actually performs with the foundations of the sport of the Nineteen Nineties which have remained these of Europe. “Restoring our competitiveness is not something we can achieve alone or by fighting against each other,” he stated throughout a social convention in La Hulpe (Belgium), in entrance of the social companions. This requires us to behave as a European Union like we now have by no means achieved earlier than. » In this speech, he reveals the details of his report on competitiveness, commissioned by the C…