EU must find ‘enormous amount’ of money to face global challenges, Draghi says – POLITICO

All the participants appeared to agree on what needs to change to boost EU competitiveness, from lowering energy prices to reducing regulatory burdens, but divisions emerged when talking about public money. “They made clear that a lot of discussions would be needed in the months to come,” the Draghi aide said, adding that Draghi called … Read more

‘Everyone is just so tired’ of Charles Michel – POLITICO

And while his U-turn may have been unpopular, European leaders will now get to focus on the decision to support Ukraine rather than discussing succession plans, as Michel will stay on until the end of November instead of taking up his European Parliament seat in mid-July.  Those who defend him say there was little pressure … Read more

Christine Lagarde makes a poor central banker, ECB staff say  – POLITICO

Press play to listen to this article Voiced by artificial intelligence. FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the air of an international rockstar of finance, but back home her records just won’t sell.  Most participants in a trade union survey of ECB staff, seen by POLITICO, said … Read more

Make Mario Draghi European Council chief, Renzi says – POLITICO

Press play to listen to this article Voiced by artificial intelligence. ROME — Matteo Renzi has a dream: An Italian centrist will take over one of the EU’s most powerful jobs as president of the European Council. Following an announcement that the incumbent, Charles Michel, plans to run in the European Parliament elections in June, … Read more