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Europeans 'would do well listening to Draghi,' OECD chief says
- At the World Governments Summit in Dubai, Mathias Cormann urged European Union leaders to heed Mario Draghi's recommendations, saying `Mario Draghi is an exceptional leader`.
- In his recent report and speeches, Draghi argued the EU should federalize itself, citing tariffs, market distortions, and strategic pressure from China and the United States.
- On Monday at KU Leuven, Mario Draghi delivered a speech building on Canadian Prime Minister Mark Carney's Davos remarks, highlighting the European economy's role as the largest exporter and importer.
- European Union leaders are set to meet at an informal retreat next week in Belgium, with Draghi invited by European Council President António Costa, who expects clear political guidance to implement Draghi's largely unimplemented 2024 report.
- Looking farther ahead, Draghi's proposals include joint borrowing and European capital markets, urging EU member states to adopt a federal approach on energy, technology, external policy, and defense.
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15 Articles
15 Articles
This week, the former President of the European Central Bank practiced an amazing fundamental critique of globalized capitalism over the past four decades.
·Vienna, Austria
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Discussions have been revived about creating a federalized core of the EU.
Mario Draghi, former director of the European Central Bank, urged Europe to overcome its old divisions to become a 'real power'.
·Mexico City, Mexico
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Europeans 'would do well listening to Draghi,' OECD chief says
OECD chief says appetite for multilateral trade remains strong despite tariffs. Cormann says Europe should take note of recommendations laid out by former ECB president Mario Draghi to maintain 'success story' of the EU.
·France
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Total News Sources15
Leaning Left1Leaning Right5Center1Last UpdatedBias Distribution72% Right
Bias Distribution
- 72% of the sources lean Right
72% Right
14%
14%
R 72%
Factuality
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