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Draghi Warns Europe Faces Economic Crunch, Urges Swift Action

Summary by The Rio Times

Mario Draghi addressed the European Parliament, spotlighting his recent competitiveness report, as Europe grapples with stagnation. He flags a daunting 750–800 billion euro annual investment need, pushing for unity to tackle AI, energy, and trade woes. The former Italian Prime Minister stresses that bold moves now decide Europe’s global standing. Europe trails in AI, with […]

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Draghi Warns Europe Faces Economic Crunch, Urges Swift Action

Mario Draghi addressed the European Parliament, spotlighting his recent competitiveness report, as Europe grapples with stagnation. He flags a daunting 750–800 billion euro annual investment need, pushing for unity to tackle AI, energy, and trade woes. The former Italian Prime Minister stresses that bold moves now decide Europe’s global standing. Europe trails in AI, with […]

2 days ago·Brazil

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The Rio Times broke the news in Brazil 2 days ago on Thursday, February 20, 2025.

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