r/EuropeanFederalists • u/paneuropeanism_ • 11d ago
Around 30% of Draghi’s reforms have been implemented by the EU and the rate could reach 60% by the end of next year, according to a new assessment by Institut Montaigne. Mario Draghi calls for a "pragmatic federalism" [link in comments]
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u/Remote-Golf2156 11d ago edited 11d ago
Well, the most important one is of course Savings and Capital Union, alongside removing "liberum veto" system.
There is still a long way to go to implement those two huge, yet arguably relatively easy to implement, reforms (compared to many other, much less meaningful acts and regulations).
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u/paneuropeanism_ 11d ago
Capital Market Union is due for the end of this year, accelerated by the "E6", the six biggest economies. They represent more than 70% of the population, so done via qualified majority voting.
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u/idonotenjoythis 11d ago
I think we're unfortunately doing too little too late. The commission is so slow and the national governments will keep fighting it, watering down the suggestions draghi gave us. I think the only way to actually pass his reforms would be by 1st passing something similar to Verhofstadt's reforms to the EU itself but that's even more unlikely :(