Draghi says his report will propose radical change for EU

(ANSA) - ROME, APR 16 - Italian ex-premier and former European Central Bank President Mario Draghi said Tuesday that his upcoming report on boosting the EU's competitiveness will call for radical reforms. "We need a European Union that is fit for the world of today and tomorrow," Draghi said at a high-level conference on social rights in La Hulpe organised by the Belgian EU duty presidency.
    "What I propose in my report is a radical change: this is what we need".
    European Commission President Ursula von der Leyen tasked Draghi with compiling proposals on how the EU's economy can face up to competition from China and the United States.
    The report is expected to come out in June.
    "I believe that the political cohesion of our Union demands that we act together, always if possible," Draghi said.
    "We must be aware of the fact that political cohesion is threatened by changes in the rest of the world.
    "Restoring our competitiveness is not something we can achieve alone or by competing with each other. It requires us to act as the European Union in a way we have never done before". (ANSA).