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flag Former ECB chief Mario Draghi warns EU lags behind US and China, urging swift reforms and smarter AI rules.

flag Former ECB President Mario Draghi warned the EU is falling behind the US and China in adapting to rapid global changes, urging urgent economic reforms and faster decision-making. flag He criticized the bloc's slow pace, saying citizens are frustrated and that results must come within months, not years. flag Draghi highlighted rising public debt, a fading growth model, and the need to pause AI regulations on high-risk systems until risks are better understood. flag EU leaders, including Ursula von der Leyen, acknowledged the urgency, pointing to progress on defence, AI, and reducing red tape, though only a small fraction of Draghi’s recommendations have been implemented.

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