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Mario Draghi calls out the illusion that European Union has power because out its international trade relations. https://t.co/nZN4af9pcz https://t.co/m6imtcbdOM
Essay: Europe has fallen far behind in economic dynamism and military clout. Will the continent that once ruled the world become a bystander to history? https://t.co/rOw1wTxwqJ
Former ECB chief Mario Draghi says the events of 2025 have exposed a harsh truth: The EU can no longer believe its big economy brings it global power and influence https://t.co/nq0vtPNnNE https://t.co/9aoAnkoJcV
Former European Central Bank President Mario Draghi said Europe must abandon the “illusion” that its economic size automatically confers global power, arguing that the events of 2025 laid bare the continent’s waning influence. Draghi, speaking in an interview published Friday, warned that the European Union’s long-standing reliance on trade heft is no longer sufficient to shape international affairs. He urged EU leaders to reconsider their strategy for maintaining political and military relevance, adding that failure to adapt risks relegating Europe to the status of “bystander” on the world stage.
