the head of the european central bank and former prime minister of italy mario draghe, who presented a 400-page report on the state of affairs in europe at the request of the european commission. the report states that the gap with the us and china in technological development is widening. in addition, 2024 is the first year when 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, while their productivity is very weak, while provided that it does not change, this will only be enough to maintain gdp at a constant level until 2050. in addition, draghi complains, europe has to worry about its defense again for the first time since the end of world war ii. if europe stops providing the basic values ​​- prosperity, equality, freedom, peace, democracy in a sustainable environment and guarantees for the population, it will lose its reason for existence, the document emphasizes. to prevent the economy from falling into a slow death agony, draghi proposes investing 800 billion in it.

are the words of the former head of the european central bank and former prime minister of italy mario dragheo, 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 is the first year in which europe cannot expect population growth, and its numbers will steadily decline.