On Saturday 24 February, former Italian Prime Minister and European Central Bank President Mario Draghi called on EU finance ministers to take “bold action” to maintain the EU’s strategic position on the international stage. Mr Draghi is currently preparing a report on the EU’s competitiveness, which he is due to submit at the end of June. In Ghent, the ministers discussed with him the EU’s short-term needs to boost competitiveness and, above all, ways of financing the necessary...