EU must become a ‘genuine federation’ to avoid deindustrialization and decline, Draghi says

Published on 02/02/2026 – 13:05 GMT+1•Updated 13:33 “Europe risks becoming subordinated, divided, and deindustrialized”, if it does not turn itself into a “genuine federation”, Former Italian Prime Minister and President of the European Central Bank Mario Draghi said in a speech at the Belgian Ku Leuven University on Monday. According to Draghi, “power requires Europe […]

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