Why is the EU failing to implement Mario Draghi's prescriptions to fix its flatlining economy? Two years on from Draghi's competitiveness report, only a fraction of his proposals have been adopted. Is Brussels choosing 'slow agony' over economic reform? as.ft.com/r/1f2f54d4-a...
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Draghi's proposals to reform the EU's financial, debt, defence, energy and telecoms markets are hailed by policymakers as the urgent medicine to complete the bloc's much-vaunted but underperforming single market. But behind the rhetoric, capitals insist on protecting their narrow national interests
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As a result, big-ticket reforms are drifting, and progress has largely come in peripheral areas such as cutting regulation, improving access to finance for small companies and accelerating permits for clean technologies. Read our full report, by @bmoens.bsky.social & I: as.ft.com/r/78db058c-a...
as.ft.comEU resists Mario Draghi’s competitiveness curesTwo years on, the bloc has implemented just 15.7% of former Italian PM’s recommendations