Draghi report

He sells his proposal in part as an incentive for Europe to conduct pro-business, pro-economic reforms.

He cites the Draghi report The Draghi Report on European Competitiveness, which has been very influential in Europe and points to him for even knowing about it.

There are probably not a lot of people in the United States who have read the Draghi Report, absorbed its lessons.

I myself have had some.

I have read it.

I have had some criticisms of some of the analysis in the Draghi report, but the reforms that Draghi proposes, which have a lot to do with completing the European internal market, making the capital markets in Europe more flexible and responsive and so on, are very much in the right direction.

So this is a good thing.

I'm glad to see.

It's actually something that's been realized in the political world as well.

So starting with the Mario Draghi report, which came out about two years ago, which was really a manifesto about what are the changes that we need in the European society as a whole to help create more companies, more jobs, more value, more innovation for everyone.

And that, I think, got a lot of following, both in the political world and in the business world.

And then you have some of the pressures that the Trump administration has put on Europe, actually in terms of trade, in terms of tariffs, in terms of building our own defense, whatever the themes may be.

And if they deliver, it will be a trillion euro company.

What do you think Europe still needs to build in order to be able for a company like Lovable to realize that

vision? We actually need to drive through these reforms that the politicians are talking about, the Draghi Report.

So there's something called EU Inc., which is a play on the Delaware company.

And part of that is going to mean creating a regulatory and policy environment that enables the world's best technologies to be adopted by European companies and implemented by European companies.

And so there was something called the Draghi Report.

This was a report that was put out a couple of years ago by former Italian Prime Minister Mario Draghi.

that sort of said, look, Europe is at a competitiveness crisis, at a point of a competitiveness crisis.

After his ECB stint and his tenure as Prime Minister of Italy, Draghi wrote a paper that answered the question on what should the EU do to effectively compete with other major economic powers, such as the US and China.

Today, the so-called Draghi Report remains a hot topic in economic circles.

Ditto for Carney, now the much-admired Prime Minister of Canada.

He once led his country's central bank, and was later tapped to head the Bank of England.

And then this culminated in back then, like a Discord channel, which is now not used any longer.

But also like at that time, Draghi was heavily involved in writing the Draghi report.

And his team was reaching out to people all over Europe to put their input.

so this is how it happened that andreas klinger was asked to give his input on the dragon report and then we prepared like a two-pager on effectively eu inc and the result was that eu inc the idea of eu inc actually ended up in the dragon report now of course the idea of eu inc is nothing new actually it's nothing super original and i'm i don't know if it's in the dragon report because we put in a two-pager or like other people did because other people definitely also brought up that that idea to draghi so we know that for effect so who knows but in the end of the day the eu inc is already in tiger port so in a way like if if the european union member states fail to pass a proper eu inc they fail to enact the dragon report in one of the key points it supported so i think that's obvious and once like we got into a drug report We said, okay, let's do it.

I think you said, and this was presented before the summer, something like we got the icing without the cake.

It's basically just Nuxalized, but basically all the substance that's needed is lacking.

And despite even basically the same idea being in the Draghi report, which is like the holy scripture for anyone who wants to make Europe prosperous again, Brussels or the whole machinery doesn't want to really... enacted what did you observe especially coming as an outsider someone who doesn't have a legal political background but a physics background which is i think very useful because you don't see probably this the same barriers the same walls as everyone inside but did you how do you perceive working with brussels or trying to shape this legislation without like the classical background I mean, first off, it's very opaque to

me, but I think that's also I think maybe sort of natural because like whenever you're new to something, you need to learn it.