EU, Draghi’s return with eyes on the future: shock ahead in Brussels?

Once, the President of the United States, Barack Obama, called him to ask for advice: ‘call Mario…’, an invitation, they say, addressed by the former occupant of the White House to his collaborators. This time it was Ursula von Der Leyen who answered the phone. Mario Draghi returns to the field, the president of the European Commission asked him to prepare a report on the future of European competitiveness and the former prime minister and former number 1 of the ECB did not hesitate, «always at Europe’s side for the important challenges are waiting for you”, confided people close to us. The proposal, a source of prestige for Italy, was presented a few days ago but was only announced today, during tumultuous days on the Rome-Brussels route.

Von der Leyen, sources close to the Adnkronos dossier report, asked Draghi to delve deeper into “a topic of absolute common interest, in a rapidly evolving geopolitical framework”, clarifying “how the relationships that govern competitiveness between countries or between areas all around the world.” Concepts that Draghi will have the opportunity to dissect in the report he was asked to prepare, taking on a task that inevitably aroused the never-quenched curiosity of many who wonder what the future of the former prime minister will be like, never entirely convinced of a present and of a future like the “grandfather of Italy”, Draghi’s own self-definition. And while in Italy Carlo Calenda imagines a future for himself at the head of the next European Council, sources close to the former prime minister guarantee once again that yes, he will collaborate in an ad hoc relationship as requested, but he remains not interested ​​in occupying institutional positions.

For now, Draghi is ready to work to outline the future of competitiveness, in difficult years in which the Old Continent is, without a doubt, in difficulties. On the other hand, this is a theme very dear to SuperMario, as its latest public releases demonstrate. In the most recent one – just a few days ago on the pages of the Economist – Draghi, in addition to pointing out how harmful it would be to return to the old pre-pandemic budgetary limits, highlighted how new rules are needed in the Eurozone and more shared sovereignty. Because it is no longer imaginable to depend, as in the past, on Russia for energy, on China for exports and on the USA for security. We therefore need “huge short-term investments, including defense, green transition and digitalization”. To do this, we need to overcome budgetary rules and state aid rules that limit each country’s ability to act independently. By redefining – the prescription of the ECB’s former No. react to unexpected shocks.

Source: IL Tempo