The former Italian prime minister proposes “radical change” as the bloc faces aggressive competition from China and the US. Draghi touts use of controversial eurobonds; proposed plan for decarbonisation and competitiveness could entail defensive trade measures, he says.
Also according to Guardian
Daniel Fiott, head of the defence and statecraft programme at the Centre for Security, Diplomacy and Strategy, has summarised the main points in X
90 references to “defence”. Key points:
👉🏻 defence industry too fragmented 👉🏻 too many capability duplicates 👉🏻 not investing in EU suppliers 👉🏻 common procurement needed 👉🏻 defence fuels growth 👉🏻 need more investment 👉🏻 integrate AI into defence 👉🏻 private finance And more.