European Commission. “Draghi report.” Accessed 14.08.2025. https://commission.europa.eu/topics/eu-competitiveness/draghi-report_en.
The future of European competitiveness: Report by Mario Draghi
Mario Draghi – former European Central Bank President and one of Europe’s great economic minds – was tasked by the European Commission to prepare a report of his personal vision on the future of European competitiveness.
The report looks at the challenges faced by the industry and companies in the Single Market. It outlines how Europe will no longer be able to rely on many of the factors that have supported growth in the past and lays out a clear diagnosis and provides concrete recommendations to put Europe onto a different trajectory.
Background
Today, Europe stands united in its pursuit of inclusive economic growth, focusing on
- sustainable competitiveness
- economic security
- open strategic autonomy
- fair competition
They all serve as pillars of prosperity.
The vision that drives Europe forward is to create conditions where businesses thrive, the environment is protected, and everyone has an equal chance at success.
Sustainable competitiveness should make sure businesses are productive and environmentally friendly. Economic security ensures that our economy can handle challenges and protect jobs. With open strategic autonomy, Europe is not just open for business; but is shaping a better, fairer world.
Next steps
The findings of the Draghi report are contributing to the Commission’s work on a new plan for Europe’s sustainable prosperity and competitiveness. And in particular, to the development of the new Clean Industrial Deal for competitive industries and quality jobs, which will be presented in the first 100 days of the new Commission mandate.
Many of its recommendations are reflected in the Commission’s Political Guidelines as well as the mission letters of the President of the European Commission to the members of the College.
In January 2025, the Commission presented the Competitiveness Compass, a new roadmap to restore Europe’s dynamism and boost economic growth. The Compass builds on the analysis of the Draghi report and provides a strategic framework to drive the Commission’ work for the next five years.
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