Ex-premier and former European Central Bank President Mario Draghi on Wednesday admitted to feeling “concern” about Europe’s future, saying that the EU was at a “critical moment”. “Let’s hope that the founding values that put us together, keep us together,” Draghi said at the presentation of a new book by Italian journalist Aldo Cazzullo.
“The (previous) growth model has dissolved, and we need to reinvent a way of growing, but we need to become a State to do this.
“The European market is too small, there are many markets and, therefore, the small businesses that start in Europe either sell up or go to the United States as soon as they grow.
“The most important thing now is to figure out how to set up European funds to finance defence and the fight against climate change.
“Then we need a coordinated foreign policy, because the foreign ministers see each other, but do not agree.
“We need to think about greater political integration, about a real Parliament of Europe, to start thinking that we are (both) Italian and European”.
Via ANSA
A proposal in the Netherlands to make it a criminal offence to remain in the country without valid residence documents has triggered concern among lawmakers, with critics warning it coul...
European Parliament President Roberta Metsola has become the first senior EU figure to publicly back Pope Leo XIV following criticism from Donald Trump over the Pope’s calls for peace.
...
Updated 1200
Watchdog Urges Government to Curb Non-Productive Spending: The Malta Fiscal Advisory Council has urged the government to limit further spending increases, particularly on...
Updated 1150am
Malta’s Imports from China Hit Record High as Trade Ties Deepen: Malta has significantly increased its reliance on China, doubling imports over the past decade to a rec...
The European Parliament is moving closer to finalising its position on the EU’s next long-term budget, setting the stage for a key institutional milestone in shaping the 2028–2034 Multia...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
Spain and Portugal are experiencing a surge in late spring and summer flight and hotel bookings as millions of travellers steer away from war-affected destinations and hubs in and arou...
The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European buyer...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
EU lawmakers have approved new rules aimed at strengthening how failing banks are managed, extending protections to a wider range of institutions and depositors across the bloc.
The p...
In line with its mission to drive a truly digital Malta, GO plc is making giga-speed internet the entry point for all business customers, with six months completely free for new Business...
“A company’s workplace culture praised by management, needs to be taken with caution. But when the recognition comes directly from employees, that carries greater weight,” says JONATHAN ...
Rights groups, including Amnesty International, say Iran carries out more executions per capita than any other country, and more in total than any nation except China, where reliable fig...
The United States has begun a naval blockade targeting Iranian ports, marking a sharp escalation in tensions following failed weekend peace talks in Pakistan. The move, ordered by Presid...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing 16 people, including a 12-year-old child, and wounding scores, i...
Russia's defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia.
The ministry said ...
