Mario Draghi, former President of the European Central Bank and one of Europe’s top economic figures, was commissioned by the European Commission to draft a report that outlines his personal vision for the future of European competitiveness.
The report examines the challenges faced by industries and businesses in the Single Market. It points out that Europe can no longer rely on the same growth factors that supported it in the past and provides a clear diagnosis of the situation, accompanied by specific proposals for a new path of development.
Context and Objectives
Today, Europe is moving united towards a goal of inclusive economic growth, based on:
- Sustainable competitiveness
- Economic security
- Open strategic autonomy
- Fair competition
These principles serve as foundations for prosperity. The goal is to create an environment where businesses thrive, the environment is protected, and all citizens have equal opportunities.
Sustainable competitiveness ensures that businesses are productive and environmentally responsible. Economic security guarantees that the European economy can withstand challenges and protect employment. With open strategic autonomy, Europe is not just an open economic environment, but also a leader contributing to shaping a fairer and more sustainable world.
Source: https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en
