{"id":170331,"date":"2025-09-17T01:53:36","date_gmt":"2025-09-17T01:53:36","guid":{"rendered":"https:\/\/teknomers.com\/en\/slowness-and-complacency-are-criticizing-the-eu-90-of-draghis-reforms-have-still-not-been-completed-a-year-later\/"},"modified":"2025-09-17T01:53:36","modified_gmt":"2025-09-17T01:53:36","slug":"slowness-and-complacency-are-criticizing-the-eu-90-of-draghis-reforms-have-still-not-been-completed-a-year-later","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/slowness-and-complacency-are-criticizing-the-eu-90-of-draghis-reforms-have-still-not-been-completed-a-year-later\/","title":{"rendered":"“Slowness” and “complacency” are criticizing the EU: 90% of Draghi’s reforms have still not been completed a year later."},"content":{"rendered":"\n
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Daniel Via\u00f1aBrussels correspondent<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Updated <\/span>

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The Draghi Report: A Year of Stagnation and Unfulfilled Promises<\/h2>\n

A year after the presentation of the \u00a0Draghi report\u00a0, the reality is that \u00a0Europe is in a more difficult situation\u00a0 than it was a year ago. This assertion was made by Mario Draghi, the former Vice President of the \u00a0European Central Bank (ECB)\u00a0, during a recent event in Brussels commemorating the first twelve months of the report’s implementation. However, the event lacked a celebratory tone, not only due to Draghi’s somber diagnosis but also because the \u00a0reform plan\u00a0 associated with the report continues to show a significantly low execution rate.<\/p>\n

According to a recent analysis by the \u00a0European Policy Innovation Council (Epic)\u00a0, only \u00a011.2% of the 383 recommendations\u00a0 outlined in the report have been fully implemented. When considering partial advancements, the \u00a0EU\u00a0 has achieved a mere \u00a031.4%\u00a0 of the proposed agenda. A staggering \u00a0two-thirds of the Draghi competitiveness agenda\u00a0 remains unfinished, highlighting a concerning trend of inefficiency and stagnation in EU governance.<\/p>\n

Nearly \u00a090% of the reforms\u00a0 suggested by Draghi a year ago are still pending. The data is particularly troubling, as it reveals that \u00a020%\u00a0 of the recommendations have seen partial application, while \u00a046%\u00a0 are currently in progress. Moreover, \u00a0over 20%\u00a0 have not yet been addressed at all. This \u00a0exasperating slowness\u00a0, typical of EU bureaucracy, is something Draghi explicitly criticized during the event, calling attention to the growing dissatisfaction among citizens and businesses.<\/p>\n

People are expressing increasing frustration, feeling disheartened by the \u00a0EU’s sluggish response\u00a0 to pressing challenges. Draghi noted, “They see us unable to match the speed of change in other areas. They are prepared to act but worry that governments don’t grasp the seriousness of this moment.” This observation resonates deeply, as it reflects a crisis of confidence among stakeholders in the EU.<\/p>\n

Common excuses for this \u00a0slowness\u00a0 often cite the \u00a0complexities of the EU\u2019s structure\u00a0, including the involvement of multiple actors. However, Draghi labeled this as \u00a0complacency\u00a0, insisting that simply adhering to established processes is no longer sufficient. He emphasized that \u00a0competitors\u00a0 such as the \u00a0United States and China\u00a0 can act faster, even while operating within their own legal frameworks. To remain competitive, the EU cannot afford to continue on its current path. A \u00a0new strategy\u00a0 is essential\u2014one that requires a new pace, scale, and intensity in action. This translates into not only working collaboratively but also concentrating resources in areas where they will have the most \u00a0impact\u00a0 and delivering results in a matter of months rather than years.<\/p>\n

Moreover, the report indicates a drastic increase in \u00a0annual investment needs\u00a0 for Europe, which have surged by \u00a050%\u00a0 within a year. Draghi stated that the \u00a0ECB\u00a0 now estimates the \u00a0annual investment requirements\u00a0 for 2025-31 at nearly \u00a01.2 trillion euros\u00a0, up from \u00a0800 billion euros\u00a0 just a year prior. This dramatic rise, he noted, is significantly influenced by new commitments in the realm of \u00a0defense\u00a0.<\/p>\n

Adding to the urgency, Draghi highlighted the constrained \u00a0fiscal margins\u00a0 that the EU is currently facing. Even without these increased expenditures, public debt is projected to rise by \u00a010 percentage points\u00a0 over the next decade, potentially reaching a concerning \u00a093%\u00a0 of GDP in the most optimistic scenarios. It raises alarm bells about the sustainability of current policies and funding sources.<\/p>\n

In conclusion, Draghi’s reflections serve as a clarion call for the EU to reassess its priorities and strategies. The current growth model appears to be fading, and vulnerabilities are escalating. The lack of a clear pathway to finance critical investments further complicates the matter. Ultimately, continued \u00a0inaction\u00a0 not only jeopardizes Europe’s competitiveness but also threatens its \u00a0sovereignty\u00a0.<\/p>\n


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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Daniel Via\u00f1aBrussels correspondent Updated Wednesday, September 17, 2025 – 03:17 The Draghi Report: A Year of Stagnation and Unfulfilled Promises A year after the presentation of the \u00a0Draghi report\u00a0, the reality is that \u00a0Europe is in a more difficult situation\u00a0 than it was a year ago. This assertion was made by Mario Draghi, the former […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23832],"tags":[42292,2234,10602,42293,1834,24632,42291,159],"class_list":["post-170331","post","type-post","status-publish","format-standard","hentry","category-finance","tag-complacency","tag-completed","tag-criticizing","tag-draghis","tag-economy","tag-reforms","tag-slowness","tag-year"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/170331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=170331"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/170331\/revisions"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=170331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=170331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=170331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}