Economy: Draghi urges EU to catch up rivals or face ‘slow agony’ • FRANCE 24 English

27 comments

1. You already lost compete on the starting point , when your energy relatively much more expensive.

2. For a catch up. You need to get rid of socialism first and then reprogram the people that capitalism is good, innovation is good and competitiveness is good. Lower taxes, lower regulations, make government smaller. Oh it’s not going to happen in Europe I am affraid.

3. I work in AI. It’s striking that a lot of academic papers come from Germany, France etc but almost none of the economic power is in the EU (deepmind, openai, xAI, apple, Chinese counterparts). There’s a few hopeful startups in France but it’s not enough

   EU Academia 👍
   EU tech industry 👎👎

4. catch up with

5. It would be interesting to know what Draghi’s answers were to those questions…

6. With the current beurocracy EU has no chance. Lower taxes, remove red tape 😅

7. Buying form america , but blaming on china 😅

8. Eat grass to benifit 4 US military industrial complex 😅

9. Psst..the 💶 will come from :
   🌍A🌎i🌏 Financial
   Engineering 4 D
   2 🛰️0📱2💶5

10. Socialist EU decadence.

11. Chaos financial crisis europe

12. Collaps world

13. The US will never allow the EU to be a competitor. The will always remain a us vassal

14. The establishment of the EU is a very good idea as it is to combine the resources of Europe to work as one. It has political, defence and economical dimensions. But decades later, the EU is far from what it's original ideal. The EU is languishing, became part of the US.

    But how and why the EU finds itself in such a sad state of affairs? It is because the EU is far from being a unified entity. The 27 nations have own autonomy and agenda to fill. The EU commission is but a wasteful loudspeaker with Ursula Von der Lying shout into it frequently. But the EU is more like a large family with 27 recalcitrant siblings all wanted to have own voices heard. Essentially each member state needs to look after its own national interest, and bugger Ursula Wonderlying !

15. you don't have cheap energy from Russia anymore, you will never catch up. worse part you don't even have natural resources.
    Plus your overload (America) is taking over your contracts and companies. The submarine deal with Australia and the took over Alstom. But you claim to be sovereign

16. The EU must be disbanded – its an abomination

17. A banker and former unelected PM in Italy is telling us we must invest our tax money on war instead than schooling and public health. Now you make the math yourself.

18. Make real the Plan soon

19. It’s capital investment mate, not spending. So, nothing to do with the EU budget deficit limit. Not sure whether you are an ignorant journalist or you are just playing politics on behalf of someone.

20. Our economy is facing challenges due to uncertainties, housing problems, foreclosures, global fluctuations, and the lingering effects of the pandemic, leading to instability. The rising inflation, slow growth, and trade disruptions require immediate action from all sectors to restore stability and promote economic recovery.

21. Main issue: mentality of the Europeans; starting with the Germans. Always incredibly afraid of risk, slow and lazy (working less than the leaders Americans and Chinese).

    Europe doesn’t lead on anything.

    And none of this will change. Europeans are too rigid for change and the slowest, even for small, effortless changes.

    It’s completely delusional to expect that Europeans would turn their culture and behaviors 180 degrees, in very little time 😂

22. The United States has finally shafted its European colonies. Just wait until Trump arrives to turn the screw into these spineless eurocrats.

23. maybe bc we have imposed so many sanctions especially against Russia? its working against us

24. Landmark Report? 😂 Anyone who has been following world events can offer the same assessment. So, no surprise there. 😂

25. What does it matter that eu parliament has been renewed? They only vote and dont create policies.

26. One thing that I never understood is why countries seem to always think that planned economy will work–especially for a long term economic growth and prosperity. What exactly drawn these countries to do the same mistake again and again and again? It's like there's something that entice these countries to do central planning on the economy, i don't know what that is.

27. He can't even solve Italy's peoblems, now he think he can save the EU! What a laugh.