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The Latest Breaking News from Mario Draghi

The EU buys too much defense equipment abroad, especially from the US, a major report says

European Union countries are buying too much of their defense equipment abroad, much of it U.S.-made, and failing to invest in joint military projects, a landmark report is warning

The Independent UK

EU ‘needs €800bn-a-year spending boost to avert agonising decline’

Report by Mario Draghi calls for additional investment to regain growth and prevent social unrest

The Guardian - UK

Europe needs ‘massive’ investment drive to catch global competitors: Report

Ex-ECB chief Mario Draghi’s report says Europe’s economy faces ‘existential challenge’ to catch up with the US, China.

Al Jazeera

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Europe Needs 'Unprecedented' Investment Surge, Says Key Report

Europe must massively ramp up investment including through joint borrowing as part of a "new industrial strategy" to keep pace with the United States and avoid dependence on China, a keenly awaited report warned Monday.

International Business Times

Pros and cons of a ‘technocratic government’ that could end France's political stalemate

The snap legislative elections called by French President Emmanuel Macron left the country with a hung parliament and no dominant political bloc in power in the lower-house National Assembly for the first time in France's modern history. One solution proposed to end the deadlock is for a government of experts,…

France 24

Ursula von der Leyen on track to keep job after EU elections boost

Macron’s move to call snap elections also seen as helping commission president’s bid for second term

The Guardian - UK

Macron and Meloni appear poles apart – but what if they joined forces to save Europe?

Centrists and pragmatic rightwing parties could at least compromise on the most urgent global threats

The Guardian - UK

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Why is Ursula von der Leyen out wooing voters who can’t vote for her?

Commission chief is not running in MEP elections but is doing all she can to boost increasingly shaky bid for second term

The Guardian - UK

‘She just says blah blah’: why Italy’s downtrodden believe Meloni is doing nothing for them

The PM is talking up her underdog credentials ahead of this week’s European elections. But many in an impoverished Rome neighbourhood are sceptical

The Guardian - UK

Russia-Ukraine war: Moscow troop build-up near Kharkiv ‘still not enough for large-scale offensive’ – as it happened

Ukraine’s top commander says enemy sending reinforcements to area but lacks numbers for a major push

The Guardian - UK

Without serious public money, the green transition won't happen: EU Greens chief Lamberts

Talking Europe sits down with one of the European Parliament’s most prominent veterans, Co-chair of the Greens Philippe Lamberts. The Belgian MEP has served in three legislatures since 2009 and says he has seen a big difference in both awareness and action on environmental issues in that time. Lamberts, who…

France 24

EU green deal at ‘very high’ risk of being killed off, says Greens co-leader

Philippe Lamberts warns far-right gains in elections could destroy plan to protect nature and biodiversity

The Guardian - UK

EU Seeks To Take On China, US To Reverse Economic Decline

The European Union's economy is falling further behind China and the United States, a major headache that will dominate leaders' talks on Thursday as they discuss how to stem the bloc's economic decline and bounce back.

International Business Times

Hollywood on the Tiber: stars return to Rome studios once home to Heston and Fellini

Sprawling Cinecittà complex is in demand again thanks to tax breaks and boom in film and TV production

The Guardian - UK

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The Guardian - UK

Thousands applaud Berlusconi at send-off as day of mourning divides Italy

Supporters wave flags outside Milan Cathedral but critics says ex-prime minister should not be ‘beatified’

AFP

ECB vows to win inflation fight on 25th birthday

Frankfurt (Germany) (AFP) - European Central Bank president Christine Lagarde pledged Wednesday to reduce high inflation in the eurozone as the institution that safeguards the euro marked its 25th anniversary.

AFP

Inflation crashes the party as ECB marks 25 years

Frankfurt (Germany) (AFP) - The European Central Bank celebrates its 25th anniversary Wednesday but soaring inflation in the eurozone threatens to put a damper on festivities at the Frankfurt-based financial institution.

Reuters

Analysis-Italy's Meloni chose coalition unity to end spat over company chiefs

Italian Prime Minister Giorgia Meloni chose unity over getting her way when she realised that imposing her own candidates to lead state-controlled companies on her coalition partners would threaten government stability, politicians said.

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AFP

Lagging behind, Italy's plans for EU funds at risk

Milan (AFP) - When Mario Draghi left Italy's government last year, Brussels fretted over the fate of the EU recovery funds he negotiated for his country.Now, fears are rising that billions of euros could be at risk.

Al Jazeera

Is Europe really united in backing Ukraine and isolating Russia?

Europe has shown solidarity with Zelenskyy’s forces, but beneath the surface, divisions persist, say analysts.

Reuters

Italy's Meloni says France risks undermining EU unity on Ukraine

Italian Prime Minister Giorgia Meloni on Friday accused France of jeopardising EU unity on Ukraine by organising a Franco-German dinner in Paris with the Ukrainian president that excluded other European allies.

Reuters

Draghi doesn't want EU envoy job, source says, after Italy backed him

Former European Central Bank (ECB) chief Mario Draghi is not interested in a new job as a European Union envoy, a source close to him said on Thursday, despite the Italian government saying earlier it would support him.

The Independent UK

Italy's Meloni eyes boost in strong energy ties with Algeria

Italian Premier Giorgia Meloni is looking to boost already strong energy ties with Algeria to further wean Italy off Russian energy

Reuters

Italy prison suicides spike as post-COVID misery lingers

Suicides in Italian jails have jumped to a 10-year high, the national ombudsman for prisoners said on Friday, noting that three years of the COVID-19 pandemic had made inmates' lives even more miserable.

Reuters

Meloni says ex-PM and political foe Draghi a tough act to follow

Giorgia Meloni admitted on Thursday that her predecessor and supposed political foe Mario Draghi was a tough act to follow as prime minister, and suggested she was happy to seek advice from her high-profile predecessor.

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