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The Latest Breaking News from Mario Draghi

Tesla’s fall in Europe will only hand the keys to Beijing

With the US, the UK and much of Europe ramping up incentives for domestic production, no wonder China is scrambling to maintain its competitive edge, Saman Rizwan writes.

Euronews

BusinessEurope: Why Europe’s economy is on a make-or-break knife-edge

Boosting competitiveness in the face of weak growth and tariff threats is now a matter of urgency, says business chief.

Euronews

Ukraine war briefing: Deadly Odesa drone attack cuts power, water and heating for second day

Woman aged 77 died of shrapnel wounds; Zelenskyy offers minerals deal signature and peace plan. What we know on day 1,106

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Europe is already sabotaging its own economy far more than US tariffs could, former ECB president says

Draghi cited IMF estimates that show Europe’s internal barriers are equivalent to a 45% tariff on manufactured goods and a 110% levy on services.

Fortune

EU launches ‘simplification’ agenda in effort to keep up with US and China

Ursula von der Leyen announces plans to cut red tape and boost innovation in second term as head of European Commission

The Guardian - UK

‘They need a reset’: gloom in Davos as Trump boom leaves Europe behind

America First doctrine and threat of tariffs leave EU elite wondering how it can close economic gulf with US

The Guardian - UK

From Trump tariffs to AI: the big economic questions facing governments in 2025

The main issues confronting policymakers around the world seem particularly portentous this new year

The Guardian - UK

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The Guardian view on Europe’s Franco-German engine: in need of a reboot

Editorial: Over the holidays, this column will explore next year’s urgent issues. Today, Today, why Europe’s key alliance faces a troubling year amid political turmoil

The Guardian - UK

Germany and France are in crisis – is the next global financial crash brewing?

The eurozone’s flaws and a lack of growth in the EU have combined to malign effect. ‘More Europe’ is not the solution, says Guardian columnist Larry Elliott

The Guardian - UK

EU’s new competition chief signals reform of anti-trust and state aid rules

Teresa Ribera says changes are needed to make it easier for innovative firms to merge and spur the green transition

The Guardian - UK

Sardinia fights for the climate future

This autonomous island has seen a cultural revival sparked by the battle to control its energy future

Salon

Putin, Xi, Trump… The barbarians are at the gate but Europe’s leaders are too busy infighting to notice

Amid threats to its ‘reason for being’, the EU must stop squabbling and take a stand

The Guardian - UK

EU leaders vow to make bloc more competitive in face of Trump threat

Budapest meeting finds consensus on need to raise growth and productivity as ‘America first’ protectionism looms

The Guardian - UK

After Trump Win, EU Leaders Tackle 'Urgent' Reform Agenda

Reforming Europe's economy is all the more urgent following Donald Trump's US election win, warned the author of a blockbuster report, Mario Draghi, ahead of talks Friday with EU leaders in Budapest on tackling the challenge.

International Business Times

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International Business Times

Facing Trump's Return, EU Confronts Economic Challenges

Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report.

Radio France Internationale

Facing Trump's return, EU confronts economic challenges

Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report.

Fortune

Europe is holding its breath to see what a Trump or Harris win might mean for the region

Experts predict that a Trump or Harris presidency could have different outcomes for Europe's economy, competitiveness, and geopolitics.

International Business Times

China Should Use Fiscal Policy To Boost Growth: IMF

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

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Fortune

How Europe’s tech-shy Fortune 500 is embracing AI

The Fortune 500 Europe has a feeble share of tech companies. But its industrial giants are increasingly turning to generative AI.

The Guardian - UK

Why is Germany shooting its own stagnating economy in the foot?

A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon

The Guardian - UK

EU’s weak or distracted governments make unity of purpose hard to achieve

Leaders can only spend limited political capital on Euro initiatives while weighed down by domestic troubles

The Guardian - UK

‘The UK is at the back of the race of turtles’: Sanofi’s boss on the need to develop new medicines

Paul Hudson, the Briton in charge of the French drug firm, is a big believer in the potential of AI to transform healthcare

France 24

Can Europe get its industrial groove back?

Can European industry regain its competitive edge on the global stage? A new EU report penned by former ECB chief Mario Draghi highlights a growing gap in both productivity and innovation, and warns that businesses will face an "existential challenge" without drastic change and significant investment. Tim Figures, a partner…

The Guardian - UK

The Middle East is on the brink of all-out war – so why is the EU still navel-gazing?

A decade ago, Europe helped broker the Iran nuclear deal. Now, it seems at a total loss, absent from efforts to stop the unfolding crisis

The Guardian - UK

Von der Leyen tightens grip on power in EU – but trouble looms on the horizon

Despite cementing control, the EU commission’s president faces a daunting second term amid the rise of the far right, writes Jennifer Rankin

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