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Draghi Rebukes EU Over Sluggish Reform, Warning Competitiveness and Sovereignty Are at Risk

Independent tracking shows just 11% of his 383 recommendations fully carried out.

Overview

  • Speaking in Brussels a year after his competitiveness blueprint, Mario Draghi said governments have not grasped the gravity of Europe’s economic erosion and urged faster action.
  • EPIC’s audit finds about 20% of proposals only partially implemented, underscoring a wide execution gap despite political buy‑in.
  • The European Commission cites advances on defence reindustrialisation, a common platform to secure critical raw materials, and a ramp‑up of artificial‑intelligence initiatives.
  • Brussels says €150 billion in loans have been allocated to 19 countries within a drive to mobilise up to €800 billion for strategic investment.
  • Ursula von der Leyen presses Parliament to pass pending Omnibus simplification laws and backs completing the single market by 2028, as Deutsche Bank calls overall progress mitigated and estimates rule cuts could save firms roughly €9 billion a year.