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How much additional annual investment will the EU announce to enhance competitiveness by the end of 2024?
3
Resolution / Starting Odds
€0-€200 billion • 25%
€200-€400 billion • 25%
€400-€600 billion • 25%
€600-€800 billion • 25%
Official EU announcements, European Commission press releases, major news outlets
Story
Mario Draghi Calls for €800 Billion EU Investment Boost, €750B/Year Spending
Sep 9, 2024, 09:06 AM
Former Italian Prime Minister Mario Draghi has called for the European Union to invest an additional €800 billion annually to enhance its competitiveness with the United States and China. Draghi emphasized the need for a new industrial strategy to prevent Europe from falling behind its global rivals. He also advocated for the EU to move towards regular joint debt issuance and the establishment of a capital markets union with a single regulator. The 'Draghi report' warns that weak growth threatens the EU's geopolitical relevance and its climate targets. Draghi also mentioned the necessity for the EU to spend an added €750 billion per year to compete globally.
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Germany • 25%
France • 25%
Italy • 25%
Spain • 25%
Germany • 25%
France • 25%
Italy • 25%
Other • 25%
Increase by over 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No significant increase • 25%
Energy • 25%
Telecommunications • 25%
Defense • 25%
Research and Innovation • 25%
Less than £40 billion • 25%
£40 billion to £50 billion • 25%
£50 billion to £60 billion • 25%
More than £60 billion • 25%
Yes • 50%
No • 50%
