Draghi Calls for Bold EU Investment to Bridge €500B Annual Funding Gap with US
• EU must invest "enormous amount of money" to deal with challenges like energy, exports, defense • Draghi says EU needs €500B per year for green and digital transitions • Funding gap between EU and US is €500B per year, 1/3 would be public money • Draghi calls for "bold action" on investments, using public and private money • Divisions emerge among countries on creating new common EU funds or debt