The former premier notices only now that the green objectives are “unrealizable”. Then he criticizes continental bureaucracy: “Too slow, he may not be able to reform”. His plan B: some states do it themselves
Mario Draghi It makes the funeral to the European Union. “Citizens and companies are disappointed by the slowness of the EU”. States “act in a uncoordinated way”. The climatic targets at 2035 for cars “are exceeded”. The standard on artificial intelligence must be “suspended”. The GDPR, or the law that requires companies the protection of data, “increases the costs of European companies by 20% compared to US competitors”. But also the goal of producing 20% of microchips in the old continent is not “achievable”. The former number one of the ECB went down hard to the conference organized by the President of the European Commission, Ursula von der leyento celebrate the first year from the publication of Draghi’s report on the future of European competitiveness. Competitiveness that would now need 1,200 billion per year of investments and no more than the 800 prophesied only 12 months ago.
More than a “relationship” it is a continuous lament, that of the former premier. «Europe is in a more difficult situation. Our growth model is fading. Vulnerabilities are increasing. And there is no clear path to finance the investments we need. It was painfully remembered that the inaction threatens not only our competitiveness, but also our own sovereignty ». Strong words, which, however, beyond the political politician of the day we do not know what they will bring to. Also because after a year of debates on the need to adopt the Draghi agenda, just 11% of its contents started to be put on white. The problem, beyond the political will to follow the Gospel of Super Mario, is that “the implementation must be entrusted to expert project manager, not to bureaucrats”. And Europe should be able to make direct investments in a few, great strategic initiatives of Deep Tech ».
To hear the man of the “Whatever It Takes” who saved the euro and Italy from the speculation of the markets in 2012, however a question arises: where was he Dragons In the last 10 years? For example, on the automotive he asked to review the EU legislation on the target CO2 at 2035, aiming for a technologically neutral approach that also includes Carbon Neutral fuels. “The electric car market has not taken off as expected, the charging infrastructures are insufficient and the European fleet continues to age,” he observed. «The targets are based on assumptions that are no longer valid. The deadline of 2035 for zero emissions should have triggered a virtuous circle: rigorous objectives would have stimulated investments in charging infrastructures, made the internal market grow, stimulated innovation in Europe and made the models of cheaper electric vehicles. The adjacent sectors – batteries, chips were expected to develop parallel, supported by targeted industrial policies. But this did not happen, “he highlighted. Only that few had contested the objectives at 2035 on the car while Von der leyen And Timmermans They passed them off as poured gold, despite the alarms launched by the producers, the Chinese advance and the poor continental question towards four wheels fed by the plug too expensive and difficult to recharge. Until a year and a half ago, also in the Swiss temple of Davos’ finance, the refrain was “green”, “green”, “green”. And, as now for the defense, figures were launched with numerous zeros to push in one direction. Now, given that Finance itself does not see strong returns, and especially after the boom of artificial intelligence, all the theories on the transition went to the attic, without even thanking those who in unsuspected times highlighted the impossibility of transforming the energy of a continent into a decade.
And now what do you do? Dragons The recipe has it. «Deep reforms are needed: skills, decision -making and financing process. Ultimately, in some crucial areas, Europe must start acting less as a confederation and more as a federation. But this reform will take time, time that we may not have ». That’s why “progress could depend on the coalitions of willing, using mechanisms such as strengthened cooperation,” added the former head of the ECB. “Even without changes to the treaty, Europe could already make much more by concentrating projects and common resources”. And “the following logical step will be to consider the common debt for common projects, both at the EU level and between a coalition of Member States, to amplify the benefits of coordination”.
In a nutshell: the EU is not practically more, now space for the good and willing ones. The others stick to the tram.
