Draghi: Europe is ‘truly alone together’ in the age of Trump
politico.eu • • world
Key Points:
- Former ECB President Mario Draghi warned Europe in Aachen that it faces a new geopolitical reality where the U.S. is "more adversarial and unpredictable" and may no longer guarantee European security.
- Draghi emphasized the need for Europe to unite and adapt strategically, highlighting the importance of re-examining all strategic dependencies amid weak growth and a widening productivity gap with the U.S.
- He called for urgent increased investment in artificial intelligence, defense, and energy infrastructure to enhance Europe's competitiveness and security.
- Draghi criticized the EU’s slow decision-making process, stating that delays and diluted actions undermine legitimacy and hinder effective delivery of necessary reforms.
- His remarks come as he promotes a €1.2 trillion blueprint aimed at reversing the EU’s economic decline and strengthening its geopolitical standing.