Economic growth in Europe has been slowing down for a long time
reportedMehr%20news%20agency%20quoted%20from%20Ryanousti news agency, “Mario In the long-promised report, the former Italian prime minister announced that the European Union would have to keep pace economically with its rivals, the United States and China. , it needs a much more coordinated industrial policy, faster decisions and more extensive investment.
A year ago, the European Commission asked him to prepare a report on how the European Union can make its green and digital economy more competitive in the midst of growing global competition.
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Draghi said: Europe is the most open economy in a press conference held to unveil this report. It’s the world, so when our partners don’t play by the rules, we’re more vulnerable than others.
In the opening section of his nearly 400-page report, the former head of the European Central Bank said that the European Union would invest 750-800 billion euros ($829-884 billion), roughly It needs 5% of its domestic production per year. This amount is much higher than the one to two percent predicted in the European reconstruction program after the Second World War known as the “Marshall Plan”.
Draghi said: Economic growth has been slowing down in Europe for a long time, but we ignored it. Now we can no longer ignore it. Now the situation has changed: global trade is slowing down, (economic growth) of China actually At the same time, it is much slower and much less open to our (economy)… We have lost our main supplier of cheap energy, Russia.
