EU: Real-world Draghi

Mario Draghi has acquired such mythical status that it was little surprise when his report on “the future of European competitiveness” captured so much media and market attention.

Yet, although the report put together by the former European Central Bank president and Italian prime minister is comprehensive and ambitious, it is only a blueprint. For any of it to be implemented requires the kind of political will and policy coordination that only emerge in the EU at times of acute crisis.

Tim Jones and Pepijn Bergsen from Medley Advisors' European team discuss the report and what, if anything, will happen to it next.