MILAN – “Maintaining high levels of social protection and redistribution is non-negotiable. The fight against social exclusion will be crucial not only to preserving our Union’s values of social equity, but also to ensuring that our journey towards a more technology is successful.” She said it Mario Draghi speaking at the Monastery of San Jeronimo de Yuste in Extremadura, where he will receive the Carlos V European Prize from King Felipe VI of Spain. “These decisions require a still unprecedented degree of cooperation and coordination between the member states of the European Union”, he added
“Multilateralism and tariffs to address trade challenges”
Draghi also focused on the topic of trade, also defending the introduction of duties but “a general pragmatic, cautious and coherent approach. “The first European response to changing global trade rules should be to try to repair as much damage as possible to the multilateral trading order by encouraging all willing partners to recommit to rules-based trade. The second response should be is to encourage foreign direct investment, so that manufacturing jobs stay in Europe,” he said. “The third response should be to use subsidies and tariffs to offset the unfair advantages created by industrial policies and real exchange rate devaluations abroad. But if we take this path, it must be as part of an overall pragmatic approach , cautious and coherent,” he added.
“A super commissioner for Italy”. To collect more delegations, the prime minister is thinking of a technician
by Giuseppe Colombo
June 13, 2024
“A European market is needed for energy”
On the topic of energy, Draghi encouraged the creation of a market at community level. “We must first of all reduce the price of energy. We must build a real energy market to increase the productivity of the continent. We have market rules that do not clearly decouple the price of renewables and nuclear from the higher and more volatile prices of fossil fuels , preventing industries and households from reaping the full benefits of clean energy on their bills,” he said.
