BRUSSELS (BELGIUM) (ITALPRESS) – “To achieve the targets set in this report, a minimum additional annual investment of 750-800 billion euros is needed, according to the Commission’s latest estimates, corresponding to 4.4-4.7 percent of the European Union’s GDP in 2023.” This is according to the Report on the Future of European Competitiveness presented today by Mario Draghi in Brussels. “By comparison, investment under the Marshall Plan between 1948 and 1951 was equivalent to 1 to 2 percent of EU GDP. To achieve this increase, the EU’s share of investment would have to rise from about 22 percent of current GDP to about 27 percent, reversing a decades-long decline in most major EU economies,” the report continues.During the presentation, Draghi stressed that “the general idea of the Report is to put forward proposals that we see as necessary to boost productivity in the EU, not a Plan B.”
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(ITALPRESS).
