The Latest Breaking News from Mario Draghi

Can European industry regain its competitive edge on the global stage? A new EU report penned by former ECB chief Mario Draghi highlights a growing gap in both productivity and innovation, and warns that businesses will face an "existential challenge" without drastic change and significant investment. Tim Figures, a partner…

A decade ago, Europe helped broker the Iran nuclear deal. Now, it seems at a total loss, absent from efforts to stop the unfolding crisis

Despite cementing control, the EU commission’s president faces a daunting second term amid the rise of the far right, writes Jennifer Rankin

Max Schrems, who is responsible for Meta AI not coming to Europe anytime soon, says the Meta CEO has a point.

In Brussels, the talk of the town is a report on the future of European competitiveness, calling for fundamental economic reforms to avoid a “slow agony” for the European economy. The report, by former president of the European Central Bank Mario Draghi, is a “door stopper” of 400 pages, including…

Editorial: Former European Central Bank chief Mario Draghi is right to call for Marshall plan-type investment in the continent’s future

Getting into a taxi with a stranger at 11pm could have been an awkward experience. Especially when the journey ahead was due to take one-and-a-half hours. Fortunately, when I arrived at Pisa airport last week and jumped into a car to be driven to Siena by Riccardo Chiantini, sitting next…

The plan includes support for loosening antitrust.

Europe needs to significantly increase investment as part of a "new industrial strategy" to remain competitive with the United States and reduce reliance on China, a new report claims.

The European Union is failing to invest enough in military projects and relying too much on the US and other countries, according to a landmark report released Monday. Almost two-thirds of the EU's defense orders between mid-2022 and mid-2023 were placed with US companies, with another 15 percent going to…

A long-awaited report on how to rescue Europe’s economy from weak growth and red tape is in