The lack of European competitiveness or falling behind compared to the US, China and other vibrant Asian economies has rung the urgency bell, prompting the presentation last week at the European headquarters in Brussels of a comprehensive, one-year preparation report. One year ago, the former Italian Prime Minister and former chief of the European Central Bank, Mario Draghi, was carefully selected by the presidency of the European Commission to undertake this critical study on European competitiveness.

Financial Times has published an article titled “Europe must prepare for five years of radical change”. News.Az reprints the article.

French President Emmanuel Macron wants a top job in Brussels for Italy's former Prime Minister Mario Draghi — it's just a matter of figuring out the right role, News.Az reports citing Politico.