During an informal summit focused on competitiveness, Italian leaders Mario Draghi and Enrico Letta stressed a critical need for immediate action from European Union leaders. Their call to action revolves around the perceived slow implementation of past proposals aimed at improving competitiveness within the EU. Draghi, a former president of the European Central Bank and ex-Prime Minister of Italy, specifically highlighted that significant progress has not been made since he first presented his proposals nearly two years ago.

The discussions underscored a sense of urgency as the leaders addressed multiple challenges facing the European economy, including slow recovery from the pandemic and growing global competition. Draghi’s experience in both economic and political spheres lends weight to his message, as he advocates for decisive measures that could bolster the EU’s economic resilience. Letta echoed these sentiments, emphasizing that delay in action could hinder not only economic growth but also the EU’s standing in the global arena.

Overall, the summit served as a reminder of the critical role each member state plays in advancing the collective agenda of the European Union. The call from Draghi and Letta for immediate and effective action points towards the necessity for unity and leadership among EU members to address ongoing economic challenges and enhance competitiveness on the world stage.