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
24th October 2026
President Donald Trump’s record-low popularity, voter frustration over the cost of living and a fierce immigration fight are shaping the November 3 midterm elections, which will determin...
23rd October 2026
Donald Trump said Google rejected his request to rename the Atlantic Ocean after himself or America.
Speaking at a rally in South Carolina this week, the president said he had called ...
23rd October 2026
Morning Briefing
Reading marathon marks 10th edition amid concerns over literacy
The tenth edition of the National Reading Marathon was launched on Thursday at St Joachim Primary S...
22nd October 2026
Morning Briefing
Government allocates €1 million to tackle Asian hornet surge
The government has announced a €1 million, seven-point plan to tackle the spread of the Asian hornet...
25th June 2026
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
10th June 2026
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
22nd October 2026
Developers of the PHP programming language released emergency patches Wednesday for two critical security flaws that could let hackers remotely take over websites and servers, prompting ...
20th October 2026
Low-cost airline Ryanair will scrap 20 routes from Belgium this winter in response to an increase in the country's aviation tax, CEO Michael O'Leary announced in Brussels on Tuesday.
...
11th October 2026
What began last year as a blood donation initiative involving six companies is expanding into a broader corporate effort, with three additional companies joining this...
10th October 2026
Artificial intelligence is rapidly moving up the boardroom agenda, raising an important question for non-executive directors: are boards equipped to oversee the transformation AI is brin...
15th October 2026
GO has partnered with workforce management platform Talexio to introduce human resources and payroll tools into its Business Plus proposition, marking a further step in the telecoms grou...
14th October 2026
GO plc, has released the Q2 2026 edition of GO Trends, its data intelligence report on how international visitors move around the Maltese islands. Building on the full-year 2025 report p...
3rd September 2026
Fears of renewed escalation gripped the Middle East on Wednesday after the United States and Iran exchanged their biggest barrage since July, with Washington striking Iran's southern co...
4th August 2026
President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening ship...
25th June 2026
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
25th February 2026
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...
15th October 2026
Ukraine said Thursday it struck a Russian oil refinery and damaged six Russian warplanes at an airfield, resuming attacks on Russian energy infrastructure after President Volodymyr Zelen...
14th October 2026
Ukrainian drones hit Russia's biggest data centre, owned by the country's largest bank and technology company, Sberbank, but did not disrupt its operations, a senior company executive ...