Mario Draghi: A huge amount of money will have to be invested in Europe in a relatively short time. This was said by former Prime Minister Mario Draghi, arriving in Ghent at the informal meeting of Finance Ministers.

Draghi is invited in light of the report on the future of European competitiveness on which he is working. The meeting is expected to take place in the Belgian city of Ghent on Wednesday. The report will be presented to the Finance Ministers by Draghi on Thursday.