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Despite Draghi, Europe’s energy price crisis has gone nowhere

Summary by Politico Europe
European companies are still paying vastly more for energy than they would in the U.S. or China, a new analysis has found, a year after a landmark report warned inaction would condemn the continent to economic stagnation. The findings come on the anniversary of the publication of a report by former European Central Bank chief Mario Draghi, which found the EU was lagging behind rivals as a result of expensive power and gas, hampering firms’ compe…

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Exactly one year ago, the so-called Draghi report was published, authored by the former head of the European Central Bank, Italian Mario Draghi. In his report, Draghi drew attention to the economic problems facing the European Union and how to fix them. Acceptance across the 27 countries varied significantly, with some countries rejecting the report, which is why it is possible that only a minimum of Draghi's recommendations have been implemente…

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Politico Europe broke the news in Brussels, Belgium on Tuesday, September 9, 2025.
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