EU, Draghi: “Profound changes require enormous investments”

Brussels. «As we all know, many profound changes have occurred in the global economic order in recent years. These changes have had several consequences. One of these is clear: in Europe we will have to invest an enormous sum in a relatively short time.” This was stated by the former president of the ECB and former prime minister, Mario Draghi, upon his arrival at the informal Ecofin meeting in Ghent. “And I can’t wait to start this discussion to find out what the finance ministers think and what they are preparing on how to finance these investment needs. Here I am not just referring to public money, but also to private savings. How these private savings would be mobilized to a much greater extent than in the past. And I look forward to having this discussion.” , he added.