Can anything spark Europe’s economy back to life?
Mario Draghi, the continent’s unofficial chief technocrat, has a plan
Europe has at last realised it has a problem with economic growth. Duh. Can it now find a solution? A report published on September 9th by Mario Draghi, a former president of the European Central Bank and prime minister of Italy, and the continent’s unofficial chief technocrat, is an attempt to do just that. Over almost 400 pages, Mr Draghi outlines a plan to overhaul Europe’s economy. Ursula von der Leyen, the recently re-elected head of the European Commission, is keen to act on his advice. Even Elon Musk, owner of Tesla and X, as well as a frequent opponent of the EU, has applauded his “critique”.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Searching for a spark”
Finance & economics September 14th 2024
- Can anything spark Europe’s economy back to life?
- Norway’s weak currency presents a mystery
- Strangely, America’s companies will soon face higher interest rates
- Can bonds keep beating stocks?
- China’s government is surprisingly redistributive
- The IMF has a protest problem
- Why orange juice has never been more expensive
- An American sovereign-wealth fund is a risky idea
From the September 14th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Could war in the Gulf push oil to $100 a barrel?
Missiles are flying over a region that supplies a third of the world’s crude
How bond investors soured on France
They now regard the euro zone’s second-largest economy as riskier than Spain
Can Andrea Orcel, Europe’s star banker, create a super-bank?
An interview with the boss of UniCredit
Why economic warfare nearly always misses its target
There is no such thing as a strategic commodity
A tonne of public debt is never made public
New research suggests governments routinely hide their borrowing
Xi Jinping’s belated stimulus has reset the mood in Chinese markets
But can the buying frenzy last?