The Draghi plan at 2: Competitiveness crusade runs into Europe’s old politics
The Commission has acted on much of Mario Draghi's plan to save Europe's economy, but national governments are pushing back.
BRUSSELS — Two years after Mario Draghi warned Europe faced an "existential" threat from economic decline, his plan to boost competitiveness remains stalled amid the EU's political landscape. The Commission's proposed measures, from an overhaul of industrial policy to new funding for competitiveness and defense, have been met with resistance from national governments. While Draghi's frustrations have grown, the EU's political reality continues to prioritize spending priorities and policymaking turf.
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