former president of the european central bank mario draghi presented a report according to which the eu needs an unprecedented level of investment, more than twice that of the post-war marshall plan. belarus ranks 30th in the international ranking of the achievement of sustainable development goals from 166 final documents of the second national forum, which became a significant milestone in this process, were published as an official document of the un general assembly. representatives of various countries speak there: medicine, development of industry, agriculture, providing our people with everything they need. today, perhaps, these are not pompous words, but reality, our state is for the people and in the name of the people. belarus is open to the world and is ready to implement the best advanced experience. participation in the summit of the future in new york will be an instrument, thanks to which the international. public will know about the real achievements of the belarusian state in socio-economic development. the united states is preparing for one of the main political sho

this is the conclusion reached by the former prime minister of italy, ex-head of the european central bank mario draghis report for the european commission says: in recent years , economic growth in the union has slowed down, it is becoming more noticeable. we cannot ignore the fact that the situation has changed, the volume world trade is declining, china has gone from being a trading partner to being our competitor, we have lost our main supplier of cheap energy, russia. in addition, this year, for the first time, europe cannot count on population growth , on the contrary, the population will begin to decline, by 2040, 2 million workers will disappear from the labor market every year, we are forced to rely on labor productivity more than ever before, and it is very low. american entrepreneur elon musk agreed with the dredge's critical conclusions. on social media, he wrote: "we need a thorough review of eu laws, optimization of activities, so we can revive economic growth and strengthen competitiveness." in moscow, in the middle of september, summer seems to have no intention of leaving, today they p

for the european commission, which was previously prepared by the former head of the european central bank mario draghi. he came to the conclusion that due to the refusal of russian oil and gas , the e economy faced a shortage of energy resources in the conditions of strong competition with china and lost all advantages. volkswagen has cancelled employment guarantees for employees, according to the newspaper bilt, the german car manufacturer informed the trade union about this, the guarantees were spelled out in employment contracts since... the year, they were supposed to be valid until 2029, but now their term will expire at the end of this year. and after another 6 months , it will be possible to begin cutting staff. let me remind you that in the conditions of rising demand and falling profits, the company needs to save about 5 billion euros. in this regard , plant closures and layoffs are expected. the revenue of the russian it concern telematics has almost doubled. last year, according to international financial reporting standards, it earned about 40 billion rubles. at the same time, net profit i

for the european commission by former italian prime minister and former head of the european central bank mario draghicording to his assessment, the union's competitiveness is rapidly declining, the gap with the world's leading economies is becoming increasingly noticeable. the problems are snowballing. weak defense, technological dependence, population decline. european countries have signed their own death warrant. we cannot ignore the fact that the situation has changed. world trade is declining. china has gone from being a trading partner to being our competitor. we have lost our main supplier of cheap energy, russia. in addition, this year , for the first time, europe cannot count on population growth. on the contrary, the population will start to decline. and by 2040 , 2 million workers will disappear from the labor market every year. we, as never before had to rely on... germany, the locomotive of the european economy , is going off the rails and is rapidly heading downhill. production is falling, the cost of electricity is rising, at a rate that frightens even the germans. more than half of ge

that's the warning from the former head of the european central bank, mario draghi. is slowing, protectionism rising, and cheap energy a thing of the past. today in brussels he presented a special 400—page report, which was commissioned by the european commission president ursula von der leyen. mr draghi says the eu needs 800 billion euros of investment to keep pace with the us and china, and he is urging we have said many times that the growth has been slowing down for a long time in europe. but we've ignored it. we, until i would say two years ago, we would never have such a conversation as the one we are having today. because things were sort of going well. we were sort of going well. we were doing well with globalisation and employment was steadily falling. now we cannot ignore it any longer. no conditions have changed. joining me from brussels is paola tamma, eu correspondent for financial times. why did they ask them to write this report?— this report? hello and thank ou for this report? hello and thank you for having _ this report? hello and thank you for havin

this is the conclusion reached by former italian prime minister and former head of the european central bank mario draghident in germany, ivan blagoy, investigated how the old world has painted itself into a corner. dresden , a group of... we are on a bike tour, on vacation. the tourists immediately take out their smartphones and start pointing their cameras at a new landmark, the corolla bridge, or rather on its ruins. one of the spans collapsed into the water on the night of september 11. fortunately , no one was hurt. this is one of four bridges across the elbe, a federal transport interchange. residents of dresdon are scared of the possibility of flooding in the event of prolonged rains. the wreckage of the bridge has turned into a kind of dam, how could it? money was spent elsewhere, where it was pointless, and then, this is how it ended. the deplorable state of the bridge was known, the collapsed span was due for repair at the beginning of next year, but before the deadline indicated on paper, simply did not make it. and now the question that many are asking is whether this is a unique situation or

mario dragi, whether european citizens will benefit or not from these recommendations remains to be seen. max chevilli reports. former italian prime minister and european central bank president mario draghi has presented the european commission with a landmark report on the eu's economic competitiveness as the block faces the challenge posed by china and the us, while it is struggling with low productivity, feable growth and grave financial problems. the 400 page report commissioned to drag it from the head of the european commission ursula foon. includes number of radical changes to the eu's design regulations and new industrial strategy, beginning with a minimum of 800 billion euros of investment per year to maintain its competitiveness. dragi astanch advocate of privatization and smaller government is now pushing the eu to issue a new common debt to fund its industrial and defense needs. we we have said many times the growth. has been slowing down for a long time in europe, but we've ignored it, but now we cannot ignore it any longer. now conditions have changed, world trade is lowing, we've lost our main supplier of cheap energy, russia, and now we have to start for our defense again

european or german industry, the problems are so serious that the former head of the european central bank mario draghi existential. we cannot ignore the fact that the situation has changed, the volume of world trade is declining, china is moving from trade. production from the eu to the us. while in the states, this comparison is the best advertisement for the transfer of energy prices significantly have decreased, relative to peak values, is companies are still faced with electricity prices two to three times higher than in the us, and natural gas prices for them are four to five times higher. energy expert boris martsinkevich, commenting on the report, notes an interesting detail, almost for the first time one can notice what the expert community is talking about. cannot count on population growth, on the contrary, its numbers are starting to decline, by 2040 , 2 million workers will disappear from the labor market annually, we are like never before forced to rely on labor productivity, and it is very low, europe is aging very quickly, very quickly, the migrants who are brought there, they are not a

union, they were made by the former prime minister ... of italy and former head of the european central bank mario draghihe eu, according to him , may cease to exist. all it's about the economy, or rather the fatal problems associated with it. take germany, for example, where industrial production has fallen by 16% compared to 2017. demographics are a complete disaster. the population is declining, and in some 15 years there will be far fewer workers. in general, the prospects. will clarify the future of the enterprise, the plant, which employs 3,000 people, is threatened with closure. on ferga television, meanwhile, they ask the question: is there a future for german cars? the audi brand is owned by the concern volkswagen group, and it suddenly discovered problems with competitiveness, so serious that even the closure of factories at home is not excluded. employees of the concern in germany talk about the fear in the team of mass layoffs. it is not known what the future will bring, maybe ... energy carriers to russia. all this is simply amazing if you remember the publications in the western press in th

the former italian prime minister and long-time head of the european central bank, mario draghi , hasd a huge 400-page report on the future of the european economy, in which he it is noted that right now the eu is on the verge of collapse, businesses are fleeing to the us and china, jobs are becoming fewer, the once flagship of the european union, germany, is in recession. to maintain the competitiveness of european industry, at least 75-800 billion euros of additional investment per year is needed, which is approximately. 5% of the eurozone gdp. for comparison, the program for the restoration of europe after world war ii required several times less investment in the amount of 1-2% of gdp. the famous economist and author of the sensational book and reformation in the economy, philip pilkington writes that the eu cannot survive without russian energy. and if instead of acknowledging the problem, brussels will engage in nonsense, such as promoting. and that the energy crisis has made the situation even worse, now europe will need 800 billion euros annually to support the tech industry,

this is the former prime minister of italy and former head of the european central bank, mario draghit was he who was ordered by the european commission to make a report on the future of the eu, which ultimately shocked everyone. draghi said: "the eu is becoming an economic pariah." and that 's putting it mildly. consider this simple fact: how much money do european households have compared to... european countries american states in terms of gdp per capita, a country like italy is only surpassed by the poorest state of mississippi. great france is located between idaho and arkansas only germany fits into the second from the bottom ten between oklahoma and maine. wow, pizza, i've had it so many times. until recently, he worked as a courier, despite his two master's degrees from oxford, this is the former afghan communications minister, sayed ahmand shah sadad, he... left his homeland when america left. it was a very sad moment. the americans called on all afghans, that is, almost 40 million people, to flee to the kabul airport. it was a disaster. many tried to grab onto departing plan

commissioned over a year ago, the report, authored by former european central bank chief mario draghi to detail how the eu needs to bring key parts of the green economy in house, rather than rely on countries like china, for example, for things such as key battery minerals. speaking last week, mr draghi highlighted limited innovation,

this is the former prime minister of italy and former head of the european central bank mario draghi.he who was commissioned by the european commission to make a report on the future of the eu, which ultimately shocked everyone. draghi said: "the eu is becoming an economic pariah." that's putting it mildly, think about this simple fact: how much money do european households have compared to american households? over the past 15-20 years, real income in the us has grown twice as much as in europe. here's what it looks like if you compare european countries with american states in terms of gdp per capita, a country like italy is only ahead of the poorest state of mississippi, great france is between idaho and arkansas, only germany fits into the second ten between oklahoma and maine. wow, pizza, i 've delivered that pizza so many times for the german people in leptig. until recently, he worked as a courier, despite his two master's degrees from oxford. this is the former minister of communications of afghanistan, sayed ahmand shahsad. he left his homeland when america left. it was a ver

commissioned over a year ago, the report, authored by former european central bank chief mario draghiis set to detail how and why the bloc has been falling behind its rivals in the us and china. it's focused on the green transition and is expected to detail how the eu needs to bring key parts of the green economy in house, rather than rely on countries like china, for example, for things such as key battery minerals. speaking last week, mr draghi highlighted limited innovation, high energy prices and a skills gap as part of the problem. sarah hall is professor of economic geography at the university of cambridge. shejoins me now. what are you expecting with this report? from what we have heard and briefings we expect a very long document but one that potentially struggles to be really clear on how some of thoseissues really clear on how some of those issues could be tackled. for some reason that is really obvious and quite clear why that might be the case. some of the challenges the us facing is very similar to other advanced economies in europe and north america including the uk. for

competitiveness was published, commissioned by the european commission under the leadership of mastitov mario draghi, the former head of the european central bank. the picture is gloomy. growth in europe has been slowing down for a long time, but we did not pay attention to it. i would say that 2 years ago, we would never have started such a conversation like today, because everything was fine, globalization was good for us, unemployment was steadily falling, but now we can no longer ignore it, by all indications, we have lost our main supplier of cheap energy, russia. these are the words of the former head of the european central bank and former prime minister of italy, mario draghi, who , at the request of the european commission, presented a 400-page report on the state of affairs in europe. the report says that the gap with the us and china in technological development is widening. in addition, 2024 - the first year in which europe cannot count on population growth, and its numbers will steadily decline. and by 2040 , 2 million workers will disappear from the labor market every year. and their productivity is very low. provided that it does

european commission was prepared by mario draghi. from february 2010 to october 2012, he was prime minister of italy, and before that , he headed the european central bank 8 years. mario draghi explains the problems of the european economy by geopolitical upheavals, competition with china, the loss of cheap energy resources from russia and the loss in the digital revolution. mario draghi continues: electricity prices for european companies are two to three times higher than in the united states, but gas prices are 4 to 5 times higher. and therefore, the author of the report believes that the idea of ​​abandoning '. of the fuels being sold must be married to improved competitiveness. in other words, industries that are switching to green energy should receive more subsidies. according to mario draghi, about 40% of european imports come from a small number of suppliers that are difficult to replace, and half of this share comes from countries with which the eu has no strategic ties. explaining why it is important to become more independent, mario draghi writes: europe is the most. open economy in the world, when our partners play not according to the rule

the ground breaking report from former european central bank chief mario draghi, published this week,tark warnings on the potential future of productivity within europe . of productivity within europe. if investment in manufacturing is not prioritised with urgency. mr draghi warned european leaders that they would be forced to choose between climate , forced to choose between climate, economic and foreign policy goals if the eu fails to drive forward productivity. in britain, we must also heed these warnings. manufacturing is an essential component of economic prosperity and protecting inefficient, high cost energy manufacturing. carbon border adjustment mechanism, tariffs, which will make goods more and more expensive and add to our economic inefficiency . in truth, economic inefficiency. in truth, the incompatibility of the radical green agenda and prosperity and happiness has never been clearer. it is absolute folly. we are losing jobs because of a green obsession , because we put obsession, because we put imposts on energy which we then pay imposts on energy which we then pay taxp

this is the conclusion reached by the former head of the european central bank and former prime minister of italy mario draghi in a report for the european commission. other experts agree with him. if any problems. could have been solved earlier due to the fact that, and we have cheap russian gas, now there is no cheap russian gas, a bast of problems has formed, which can hit the german auto industry very hard, well, after it there is also the french auto industry, the italian auto industry, in general there are many problems, if in the nineteenth year the european union spent 341 billion euros on imports of fossil fuels, then in the twenty-third it was already 416 - this is almost 3% of gdp. europe now pays for energy resources four times more than its main competitors, notes mario draghi. to maintain positions in such conditions impossible, and decarbonization targets further slow down the eu's economic development. sasha, besides, europe is heavily dependent on technology imports. thank you, sasha, that was alexandra nazarova with a story about the situation in the european auto industry. and now to the ne

the conclusion reached by the former prime minister of italy and former head of the european central bank mario draghi. our correspondent in germany, ivan blagoy, investigated how the old world painted itself into a corner. dresden , a group in raincoats drives up to the bank of the elbe. we are on a bike tour, on vacation. the tourists immediately take out their smartphones and start pointing their cameras at a new landmark, the corolla bridge, or rather its ruins. one of the spans collapsed into the water. on the night of september 11, fortunately no one was hurt, this is one of four bridges across the elbe, a federal transport interchange. residents of dresden are scared of the possibility of flooding in the event of prolonged rains, the wreckage of the bridge has turned into a kind of dam. how did this happen, we ask the man with the dog. the money was spent elsewhere, where it was pointless, and then, this is how it ended. the bridge was in a fucking bad condition. it is known that the collapsed span was due for repair at the beginning of next year, but it simply did not last until the deadline i

this is the conclusion reached by the former head of the european central bank and former prime minister of italy mario draghi report for the european commission, other experts agree with him. if any problems earlier. for energy resources four times more than the main competitors, mario draghi notes. it is impossible to maintain positions in such conditions, and the decarbonization goals further hinder the economic development of the eu. here is the sphinx, the pyramids, the cradle, civilizations, the ancient world, here in a couple of hours drive from the pyramids, a 21st century metropolis, a new capital - the egyptian government expects to increase the massive lands by a third in total. a large-scale construction of a nuclear power plant is underway in the daba area. for egyptians, and for us in particular, this is the construction of the century. this country, as a trading partner, as a market. now economic news in brief: the trade turnover of russia and china for the first eight months increased by almost 2% to 158 billion dollars, the main customs service reported management of the prc. exports from rus

that's the warning from former european union central bank boss and former italian prime minister mario draghiitiveness which has been published in the last few hours and the verdict is not good. he was the eu is lagging dangerously behind the us and needs more coordinated industrial policy, quicker decision—making and massive investment if it wants to keep pace. investment if it wants to keep ace. ., , , investment if it wants to keep ace, , ., investment if it wants to keep ace, .,, , ., ., investment if it wants to keep ace. , ., ., ., pace. europe is a land and continent _ pace. europe is a land and continent where _ pace. europe is a land and continent where our - pace. europe is a land and i continent where our values, pace. europe is a land and - continent where our values, the european — continent where our values, the european union _ continent where our values, the european union values, - continent where our values, the european union values, our- european union values, our prosperity, _ european union values, our prosperity, equity, - european union values, ouri prosperity, equity,

mario draghi, the former president of the european central bank, but by the way, the latest statisticsrmany, and in germany the situation is the most difficult, because there are very cool such traditional, production, but such high-tech, digitalization is their strong point, and that's what you asked these are absolutely facts in germany, in fact, a recession has begun and in germany everyone is totally scared of immigrants. for the first time in many years, as far as i can remember, the germans put up checkpoints at all borders. not only poland there, but including the dutch, the swiss, and so on, which never happened at all, but for demonstrating activity for what... what the right-wing populists, the left say, it is actually difficult to understand who is right and who is left, the wagenknech party is there, there are both left-wing populists and right-wing people, now to them add up, and immigration is simply treated there, treated in chats, treated in social networks, so this factor of immigration is on the contrary, significant roasting of german society has a very negative effe

contain last week when the landmark report was unveiled by mario draghi, the former prime minister of italy and president of the european central bank. ursula von der leyen has made it clear that she would use the pro competitiveness agenda for her next mandate. ed: regulation was a big priority for this term, how much of it will be for the next five years? gian: it depends on how much von der leyen decides to cleave to the letter of the report. if you go by that document, the time for regulation is kind of -- the time for regulation was the past. the future is all about encouraging innovation, competitiveness, big mergers of national champions in telecom defense contractors. so, it should be less about regulation and more about building things up to encourage european technology companies to emerge. if that's what happens, regulation would be the backbone , the bedrock on which a new kind of agenda will be built, which would be much more about innovating than regulating. ed: gian, great to have you on the show from brussels. thank you. shares of trumpet media are down in today's trading following another shocking development in the

is contained in a report prepared for the european commission. former prime minister of italy and former head of the central bank of the old world, mario draghisince the beginning of the 2000s productivity is declining. if this continues, draghi warns, the eu could cease to exist, it will simply lose its meaning. in the era of globalization, the eu benefited from a favorable environment, but now this paradigm is changing, the report says. and against this background, draghi made it clear that europe's decision to abandon russian energy resources was rash. the era of rapid growth in global trade seems to be over, and eu companies are faced with both increased competition from abroad and reduced access to foreign markets. europe has suddenly lost its most important energy supplier, russia. despite the fact that energy prices have fallen significantly from their peaks, electricity still costs the company. than the united states, and natural gas prices are 4-5 times higher. american entrepreneur elon musk agreed that something is wrong in europe. he wrote on his social network that mario draghi's criticisms are correct, and in order to revive eco

said where to get them yes yes absolutely definitely well by the way mario draghi was the first president of the european central bankission to borrow for him there dusenberg they all held on to the fact that we have a law that the budget of the european union can be in deficit for one year, but it must necessarily be in surplus the following year then here is the prospect of 2 years it was neutral. and maria draghi was actually the first one who started within the framework of this quantity wizing, quantitative easing to print money, so he has something so illiberal on the contrary, what is neo-marxist, apparently always was, but now it has manifested itself precisely in this document, which i think will have an interesting fate, you said the phrase that the west often declares that we have underestimated its unity, they often declare this. this just shows that they do not understand our motivations at all, they just cannot understand that we have begun a liberation, well, by and large our movement, fulfilling our obligations to the donetsk and lugansk people's republics, because we had no other choice, we were deep

mario draghi gave a report. former prime minister of italy, long-time head of the european central bank. a whole year preparing the report and wrote 400 pages about the catastrophic state of the european economy. it turned out that europe cannot be competitive when it pays four times more for energy than its competitor. and the economy is slowing down when electricity prices are three times higher than in the us, and five times higher for natural gas. and the main revelation is that the trouble with the europeans happened after the loss of cheap energy from russia. we cannot ignore the fact that the situation. when they say that only austria, slovakia, hungary is still buying russian gas, this is not true, this is fundamentally wrong, because of pipeline gas supplies through ukraine, yes, but as you know, russia is now the largest supplier of lng in europe, it simply redirects through belgium and germany, so the europeans are gradually curtailing their chemical production and transferring it to other countries, at the same time saying goodbye. once a powerful car industry, the main europ