Warning of the former head of the European Central Bank to the competition crisis in the European Union
reported by Mehr reporter, Mario Draghi, the former head of the Central Bank of the European Union, warned that the lack of access to cheap Russian energy has led to the European Union lose its global competitive advantage to a large extent.
He believes that currently the main priorities of site developers in the European Union should be to reduce the price of energy carriers, increase defense investments, and improve competitiveness.
He, who was also the Prime Minister of Italy in 2021-2022, believes that the member states of the European Union are facing the problem of high prices of energy carriers and can no longer access free foreign markets. rely on.
Draghi said: Europe has lost Russia as the most important supplier of cheap energy. Geopolitical stability is fading and Europe’s dependencies have become the weak points of the Union.
This European politician emphasized: Despite the reduction in energy prices in Europe, European companies are already facing electricity prices that are 150% higher than the prices in America and 350% more than American companies. They pay for each cubic meter of gas.
