Mario Draghi, Italy’s ex-PM and former ECB boss, is in the news as EU leaders push for deep economic reforms amid global tensions.
EU leaders are debating whether to relax regulations to boost the economy amid geopolitical tensions and internal disagreements. While some push for deregulation and strategic leverage, campaigners warn this risks undermining climate goals. The EU is also reassessing its role in global climate negotiations after setbacks at COP30.
EU leaders gathered at a Belgian castle to agree on an action plan for economic restructuring, focusing on energy, financial integration, and industry competitiveness. Diverging visions include deregulation, strategic autonomy, and financial tools, with upcoming summits set to shape the bloc's future.