EU economic growth “persistently slower’ than US – Draghi report

EU economic growth has been “persistently slower than in the US over the past two decades, while China has been rapidly catching up”. That’s according to a new report on the Future of European Competitiveness published today. The report presents what it’s calling “a new industrial strategy for Europe” based around three main areas for action.

Speaking today in Brussels, the author of the report, former ECB president Mario Draghi, said Europe was stuck in a static industrial structure.

Out words: European Union

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