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Mario Draghi Awarded 2025 Princesa de Asturias Prize for International Cooperation

He has presented a blueprint for EU competitiveness that calls for radical reform in productivity, decarbonization, defense, security.

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Overview

  • A jury led by Gustavo Suárez-Pertierra selected Draghi for the 2025 prize in recognition of his ethical leadership and dedication to European integration.
  • As president of the European Central Bank from 2011 to 2019, his 2012 ‘whatever it takes’ pledge is credited with stabilizing the euro during the sovereign debt crisis.
  • He served as Italy’s prime minister from 2021 until his resignation in 2022, navigating a fragile coalition government.
  • His recent report for the European Commission defines three central priorities: boosting productivity, advancing decarbonization, enhancing defense, security autonomy.
  • His name remains in discussion as a potential successor to Italian President Sergio Mattarella when the latter’s term concludes.