«My concern is not that we suddenly find ourselves in a situation of poverty and dependence on others. We continue to have many strengths in Europe,» said Mario Draghi at the presentation in 2024 of the report on competitiveness that Ursula Von der Leyen, president of the European Commission, had commissioned him a year before. “What worries me is that as time goes by we become inexorably less prosperous, less egalitarian, less secure and, consequently, less free to choose our destiny,” he continued. The former director of the European Central Bank (ECB) then issued a diagnosis with its corresponding treatment so that Europe could recover its economic strength and international relevance in a situation marked, among other factors, by the stagnation of its economy, American protectionism and the Chinese rise. Continue reading