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EU at 'critical moment', it must become a State says Draghi

2023-11-29T18:58:22.118Z

Highlights: EU at 'critical moment', it must become a State says Draghi. "Let's hope that the founding values that put us together, keepus together," he says. "We need to think about greater political integration, about areal Parliament of Europe, to start thinking that we are (both)Italian and European", he adds. "The most important thing now is to figure out how to set upEuropean funds to finance defence and the fight against climatechange," Draghi says.


Ex-premier and former European Central Bank President Mario Draghi on Wednesday admitted to feeling "concern" about Europe's future, saying that the EU was at a "critical moment". © ANSA


(ANSA) - ROME, NOV 29 - Ex-premier and former EuropeanCentral Bank President Mario Draghi on Wednesday admitted tofeeling "concern" about Europe's future, saying that the EU wasat a "critical moment". "Let's hope that the founding values that put us together, keepus together," Draghi said at the presentation of a new book byItalian journalist Aldo Cazzullo.
   "The (previous) growth model has dissolved and we need toreinvent a way of growing, but we need to become a State to todo this.
   "The European market is too small, there are many markets and,therefore, the small businesses that start in Europe either sellup or go to the United States as soon as they grow.
   "The most important thing now is to figure out how to set upEuropean funds to finance defence and the fight against climatechange.
   "Then we need a coordinated foreign policy, because the foreignministers see each other, but do not agree.
   "We need to think about greater political integration, about areal Parliament of Europe, to start thinking that we are (both)Italian and European". (ANSA).

Source: ansa

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