In a recent speech at KU Leuven, former Italian Prime Minister and former President of the European Central Bank Mario Draghi expressed concerns regarding the future of the European Union, suggesting that if it does not evolve into a proper federation, it risks being subjugated, divided, and deindustrialized. He pointed to various global challenges, including threats from China, the US, and Russia, while emphasizing that Europe must consolidate to maintain its standing in the world economy.

Draghi articulated that the current international order is collapsing, a situation exacerbated by events like China's accession to the World Trade Organization and the West's engagement with China, which he views as a rising rival. He argued that the transition of Europe from a confederation to a federation is essential for the continent to wield significant power on the global stage, as the fragmentation of Europe could lead to even greater issues, particularly in trade and regulatory environments.

The implications of Draghi's speech extend beyond political boundaries; they raise critical questions about national sovereignty within EU member states, such as Croatia, and the balance between national interests and collective European policies. As nations grapple with maintaining their identity and autonomy, Draghi's call for a unified Europe prompts a discussion about the future direction of EU governance and its ability to adapt to dynamic global pressures.