Does Europe’s economy need Mountain Dew?
Description
While Brussels has been obsessed recently with the “Draghi report,” that’s NOT the topic of this week’s episode. We will, however, discuss WHY Brussels is so besotted. (Spoiler alert: It's because Europe’s economy is broken.)
Host Sarah Wheaton talks to POLITICO’s Carlo Martuscelli and Carsten Brzeski, global head of macro at ING Think, about why the EU is falling so far behind big competitors like the U.S. and China; as well as about the political factors that got us here — and are keeping us stuck.
We also check in with POLITICO’s chief EU correspondent, Barbara Moens, about the bottlenecks impeding the new Commission leadership; and with senior correspondent Clea Caulcutt in Paris about French Prime Minister Michel Barnier’s biggest challenge since Brexit.
Further readings:
Mario Draghi’s plan to fix a broken Europe already looks impossible, by Carlo Martuscelli
Europe’s new normal: High energy bills, fading industry and one chance to fix it, by Carlo Martuscelli and Victor Jack
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