Could Draghi Save the EU? The Rising Star for European Council Presidency Takes the Lead in Competitiveness Reforms

There have been rumors recently that Mario Draghi should be the next president of the European Council, succeeding Charles Michel. The Atlantic Council, a prominent American think tank, has published an editorial by Mario De Pizzo advocating for Draghi to lead the Union’s heads of government. De Pizzo highlights the need for significant reforms in the European Union to prevent its decline and believes that Draghi, a former president of the European Central Bank and Italian prime minister, is willing to make the necessary changes.

Draghi has been tasked by Ursula von der Leyen to prepare a report on the EU’s competitiveness, which will be released after the upcoming European elections. According to a source close to Draghi, the report will likely address Europe’s weaknesses in terms of creativity and productivity, as well as the need for increased resources and competitiveness to keep up with global economic powers like the United States and China.

The editorial suggests that Draghi’s vision for European competitiveness could provide inspiration for the EU’s government program over the next five years. It emphasizes the importance of creating a single European system of integrated supply chains to improve production capabilities. Despite criticism of the largely symbolic nature of the European Council presidency, De Pizzo argues that Draghi could use the position to initiate reforms and propose changes to the EU’s founding treaties.

Draghi’s commitment to reform and his vision for a renewed partnership between member states could set