With the United States' protectionist policies and the altered international landscape, the European Union is currently confronted with a critical phase in terms of economic competitiveness and security. Mario Draghi emphasized this at a Senate and Chamber of Deputies meeting yesterday, emphasizing how American levies and tariffs may be particularly damaging to European companies. "Our security is threatened by the change in foreign policy of our main ally", Draghi added, referring to the United States' stance on Russia and the invasion of Ukraine. The former prime minister emphasized Europe's increasing isolation in international forums and the need to address the issue of shared defense by establishing a united military command. On an economic level, Draghi underlined the importance of lowering energy costs and closing the artificial intelligence gap. Finally, he stressed that the only way to finance changes without jeopardizing social spending is through the European common debt.
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