Economist and former Italian Prime Minister Mario Draghi has raised alarms over Europe’s economic future, warning of a “slow agony” in key sectors such as innovation, green energy, and defense. The former European Central Bank President urged an €800-billion investment plan to prevent the bloc from falling behind global competitors like the United States and China. While the plan has received support from EU leadership, it faces opposition from both leftist and nationalist parties.
EU Considers Plan to Save Europe From Economic ‘Slow Agony’
By David Vives