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Europeans 'would do well listening to Draghi,' OECD chief says

  • At the World Governments Summit in Dubai, Mathias Cormann urged European Union leaders to heed Mario Draghi's recommendations, saying `Mario Draghi is an exceptional leader`.
  • In his recent report and speeches, Draghi argued the EU should federalize itself, citing tariffs, market distortions, and strategic pressure from China and the United States.
  • On Monday at KU Leuven, Mario Draghi delivered a speech building on Canadian Prime Minister Mark Carney's Davos remarks, highlighting the European economy's role as the largest exporter and importer.
  • European Union leaders are set to meet at an informal retreat next week in Belgium, with Draghi invited by European Council President António Costa, who expects clear political guidance to implement Draghi's largely unimplemented 2024 report.
  • Looking farther ahead, Draghi's proposals include joint borrowing and European capital markets, urging EU member states to adopt a federal approach on energy, technology, external policy, and defense.
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13 Articles

Lean Right

Mario Draghi, former director of the European Central Bank, urged Europe to overcome its old divisions to become a 'real power'.

·Mexico City, Mexico
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The graduate honoris causa in Leuven pontifica on the evils of the global order and the EU (as if he had been a passerby). The cure: to make the Continent a federation. But the proof that this would work is the euro...With Europe they reason as with communism and with the Covid vaccine: if it does not work, it is because we want more. This is the sense of the umpteenth prolusion of Mario Draghi, this time host of the University of Leuven, who ye…

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Do Rzeczy broke the news in Warsaw, Poland on Tuesday, February 3, 2026.
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