'Super Mario' to the rescue: can Draghi fix Europe's economy?

Former central bank boss calls for more innovation and investment – but faces 'too many moving parts for a straightforward fix'

Illustration of Mario Draghi with a map of Europe
The 'new industrial strategy' that Draghi proposes needs to boost Europe's economy, which has fallen behind the US, China and India in the past 30 years
(Image credit: Illustration by Stephen Kelly / Getty Images)

Mario Draghi, Europe's arch-technocrat, is on a mission to save the eurozone and fix the EU – again.

The former central bank chief – who famously said he would "do whatever it takes" to save the euro during the post-financial crash debt crisis of the early 2010s – this week launched a landmark report on how to stem Europe's economic decline and reverse the swing towards US and Chinese dominance.

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Elliott Goat is a freelance writer at The Week Digital. A winner of The Independent's Wyn Harness Award, he has been a journalist for over a decade with a focus on human rights, disinformation and elections. He is co-founder and director of Brussels-based investigative NGO Unhack Democracy, which works to support electoral integrity across Europe. A Winston Churchill Memorial Trust Fellow focusing on unions and the Future of Work, Elliott is a founding member of the RSA's Good Work Guild and a contributor to the International State Crime Initiative, an interdisciplinary forum for research, reportage and training on state violence and corruption.