The European Union needs to review its economic rules and find a collective response to help the bloc meet a number of challenges, including the crisis in Ukraine, Italian Prime Minister Mario Draghi said on Friday, according to Reuters.
Draghi warned that Europe is facing huge costs associated with defense, climate change and energy transition.
“We have to find a compromise on where to find the resources, because there is no room in the national budget. We need a European response,” Draghi told a news conference after the two-day informal EU summit. in France.
“There is a belief that [Ευρωπαϊκή] “The commission must temporarily review the rules that have accompanied us in recent years.”
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
