Draghi’s ‘EU Survival Guide’

The title is wrong. "The Future of European Competitiveness" does not reflect the importance of a report which examines closely the weaknesses and strengths of the European Union, which proposes solutions that are obviously necessary yet at the same time radical, which warns of the consequences that the EU faces if its member-states do not unite in a joint effort to save the Union and themselves. "An EU Survival Guide" would be a more appropriate title for the report drawn up by Mario Draghi with the help of many academics, EU specialists, "social partner" representatives, and others. Whether the Union unites or falls apart, this report will provide a measure of where we are, where we could go, and the decisions that will be taken.

The starting point is positive. "Europe has the foundations in place to be a highly competitive economy," the report notes. "The European model...