Make Europe Productive Again
The EU has been trailing the US economically for decades, and the COVID-19 pandemic only made its situation worse. Does Mario Draghi hold the secret to restoring Europe’s productivity?
Last September, former European Central Bank president and Italian prime minister Mario Draghi described Europe’s economic prospects as a “slow agony” of decline. Draghi was presenting his report on how the European Union could catch up to the United States in terms of GDP growth, closing a gap that emerged in the ’90s, widened after […]