Mario Draghi Urges EU to Invest €800 Billion Annually to Compete Globally

The former ECB president highlights the need for innovation and regulatory reform to address the EU's economic challenges.

Mario Draghi has called for a major investment push to close the EU's innovation gap with the US and China.
The EU faces regulatory challenges that are driving tech companies to more business-friendly regions.
High energy costs and slow digital adoption are significant hurdles for European industry.
European leaders are divided on deeper fiscal integration to fund Draghi's proposals.
Germany and the Netherlands strongly oppose joint debt issuance for EU-wide projects.