Draghi Report's Progress Stalls, EU Urged to Act
The Draghi Report, presented a year ago, has faced criticism for its slow implementation. Business representatives and politicians have voiced concerns about the lack of progress on the report's proposals.
According to the 'Draghi Tracker' by the 'Initiative Joint European Disruptive Initiative' (JEDI), none of the ideas from the report have been fully implemented by the EU Commission. However, about 15% of the proposals are making some progress, while 40% are showing little advancement, and 45% are not being discussed at all.
Mario Draghi's report called for billions in investments and a reduction in bureaucracy to boost European competitiveness. Yet, many of these concrete proposals remain untouched. Svenja Hahn (FDP), a member of the European Parliament, criticized the lack of progress, echoing the sentiments of Hildegard Müller, president of the Association of the Automotive Industry, who described the report as 'noted and more or less filed away'.
The slow implementation of the Draghi Report has raised concerns among business representatives and politicians. While some progress has been made, the majority of the report's proposals are still pending or not being discussed. The EU Commission is urged to expedite the process to unlock the report's potential benefits for European competitiveness.
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.
