Mario Draghi says the EU needs 800 billion to rival the U.S. and China
Briefly

Draghi's report stresses the urgent need for the EU to enhance investment to €800 billion annually, ensuring a competitive stance with major global players like China and the US.
He emphasized that boosting investment by 5% of GDP is crucial for transforming Europe's economy, particularly as growth rates lag behind the US.
Draghi warned that EU’s economic growth has been 'persistently slower' than the US's, a concerning trend that threatens Europe's ability to decarbonize and digitalize.
He declared that for the first time since the Cold War, Europe must seriously consider its 'self-preservation,' making a unified response more essential than ever.
Read at Fortune Europe
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