The European Union is facing a decline, and the need for significant reforms has never been greater. In recent weeks, there have been rumors that Mario Draghi should be the next president of the European Council, succeeding Charles Michel. The Atlantic Council, a prominent American think tank, published an editorial by Mario De Pizzo advocating for Draghi to lead the Union’s heads of government.
De Pizzo highlights the importance of creating a single European system of integrated supply chains to improve production capabilities. He believes that Draghi, a former president of the European Central Bank and Italian prime minister, is willing to make the necessary changes to keep up with global economic powers like the United States and China. Despite criticism of the largely symbolic nature of the European Council presidency, De Pizzo argues that Draghi could use the position to initiate reforms and propose changes to the EU’s founding treaties.
The report that Ursula von der Leyen tasked Draghi with preparing on Europe’s competitiveness will be released after the upcoming European elections. According to a source close to Draghi, it will likely address Europe’s weaknesses in terms of creativity and productivity, as well as the need for increased resources and competitiveness to keep up with global economic powers like the United States and China.
Draghi’s commitment to reform and his vision for a renewed partnership between member states could set the stage for significant changes in the EU. The editorial concludes by referencing Draghi’s comments at a conference on
