{"id":409395,"date":"2025-09-09T03:12:11","date_gmt":"2025-09-09T03:12:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/409395\/"},"modified":"2025-09-09T03:12:11","modified_gmt":"2025-09-09T03:12:11","slug":"do-what-i-told-you-draghi-implores-europes-leaders-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/409395\/","title":{"rendered":"Do what I told you, Draghi implores Europe\u2019s leaders \u2013 POLITICO"},"content":{"rendered":"

\u201cThe Draghi report has become the economic doctrine of the EU, and everything we\u2019ve proposed since has been aligned with it,\u201d St\u00e9phane S\u00e9journ\u00e9, the Commission executive vice president charged with industrial strategy, told POLITICO. Still, he admitted that the \u201c’Draghi effect’ too often fades when legislative texts are discussed by member states.\u201d\u00a0\u00a0\u00a0<\/p>\n

A report<\/a> by the European Policy Innovation Council think tank found that only 11 percent of the Draghi report had been acted on.\u00a0In the field of energy, no actions have been completed at all<\/a>.<\/p>\n

\u201cIt’s national interests, it’s national policies, sometimes it’s party political,\u201d said MEP Anna St\u00fcrgkh, who recently authored a European Parliament study<\/a> on the electricity grid. Speaking at an event about the Draghi report one year on, the Austrian Renew Europe lawmaker explained that it often came down to individual countries not wanting to share cheap energy with their neighbors.<\/p>\n

\"\"\u00a0In the field of energy, no actions have been completed at all. | Hannibal Hanschke\/EPA<\/p>\n

\u201cIf they interconnect with countries that have higher energy prices, their prices will go up,\u201d she said. \u201cThat is a fact.\u201d\u00a0<\/p>\n

\u201cIt’s not the Commission which is not doing the banking union,\u201d Spanish economist and former MEP Luis Garicano said at the same event, referencing the push to break down the thicket of national rules and vested interests that keeps the banking sector fragmented and country-specific. \u201cIt’s the governments that don’t actually want to allow the capital to flow from one country to the next.\u201d\u00a0<\/p>\n

That same parochialism comes up again and again, from common debt \u2014 vetoed by so-called frugal countries like Germany and the Netherlands \u2014 to defense or to financial sector integration.\u00a0It doesn’t help that countries are tightening their belts after the Covid-era spending splurge, leaving little money to pursue strategic aims.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThe Draghi report has become the economic doctrine of the EU, and everything we\u2019ve proposed since has been…\n","protected":false},"author":2,"featured_media":409396,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[3427,90725,1194,9654,1395,6641,6659,2825,473,32,34,35,6643,2000,299,5187,20327,474,1945,1824,9890,806,6084,2199,140925,33109,2441,11665,2597,5338,7061,6861,13492,23065,3322,17566,2824,479,3053,1201,49,1220],"class_list":{"0":"post-409395","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-banking","9":"tag-banking-union","10":"tag-budget","11":"tag-capital-markets","12":"tag-china","13":"tag-competitiveness","14":"tag-crisis","15":"tag-debt","16":"tag-defense","17":"tag-donald-trump","18":"tag-emmanuel-macron","19":"tag-energy","20":"tag-energy-prices","21":"tag-eu","22":"tag-europe","23":"tag-european","24":"tag-eurozone","25":"tag-finance","26":"tag-friedrich-merz","27":"tag-germany","28":"tag-industrial-strategy","29":"tag-industry","30":"tag-infrastructure","31":"tag-italy","32":"tag-luis-garicano","33":"tag-mario-draghi","34":"tag-markets","35":"tag-meps","36":"tag-military","37":"tag-pedro-sanchez","38":"tag-procurement","39":"tag-single-market","40":"tag-slovenia","41":"tag-spectrum","42":"tag-startups","43":"tag-stephane-sejourne","44":"tag-tanks","45":"tag-tariffs","46":"tag-the-netherlands","47":"tag-trade","48":"tag-united-states","49":"tag-ursula-von-der-leyen"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/409395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=409395"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/409395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/409396"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=409395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=409395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=409395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}