Sep 13, 2024, 2:01 AM
Sep 13, 2024, 2:01 AM

Brussels debates economic impact of Draghi report

Provocative
Highlights
  • Brussels is currently focused on the 'Draghi report' amid concerns about Europe's economic performance.
  • Experts discuss the EU's struggles to compete with the U.S. and China, attributing this to political and structural challenges.
  • The situation calls for urgent reforms and effective leadership to prevent further economic decline.
Story

Brussels has recently focused on the 'Draghi report,' which highlights the challenges facing Europe's economy. The discussions reveal that the EU is lagging behind major global competitors like the U.S. and China, primarily due to a combination of political factors and structural issues. Host Sarah Wheaton engages with experts Carlo Martuscelli and Carsten Brzeski to analyze the reasons behind this economic stagnation and the implications for the EU's future. Additionally, the new Commission leadership faces significant bottlenecks that hinder progress, as reported by POLITICO's chief EU correspondent, Barbara Moens. In Paris, senior correspondent Clea Caulcutt discusses the challenges French Prime Minister Michel Barnier faces in the post-Brexit landscape, emphasizing the need for effective leadership to navigate these turbulent times. The overarching theme is that without substantial reforms and a clear strategy, Europe risks falling further behind its global counterparts.

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