The Draghi Competitiveness Report: Supporting Innovation and Reforms

|Comments and Research|10 September 2024

Photocredit: European Union, 2022 | Photographer: Christophe LicoppeBridging the innovation gap with the USA and China, especially in advanced technologies. Developing a joint plan for decarbonization and competitiveness. Focusing on increasing security and reducing dependencies. These are the three areas of intervention to relaunch the EU's sustainable growth, highlighted in the much-anticipated Draghi Report on competitiveness, presented today.

Spanning around seventy pages, the Draghi Report identifies the challenges that European countries and the EU must face to ensure the maintenance of the European way of life based on prosperity, equity, freedom, peace, and democracy in a sustainable environment. Fundamental and founding values of the EU that, however, require a level of wealth and well-being that current European growth trends may no longer be able to ensure. 

Draghi Report: the root causes of Europe's growth slowdown

In recent decades, Europe has witnessed a slowdown in growth, evaluating it "as an inconvenience, but not as a calamity," D

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