Draghi's Rhine Group seeks to fix Europe's economic drift

Mario Draghi's new Rhine Group is positioning itself as a vehicle to turn his landmark report on European competitiveness into political reality, according to the group's executive director in an interview with Euronews.

The initiative, named after the river that winds through the heart of the continent, brings together a coalition of figures from across Europe with the stated aim of fixing what Draghi identified as the bloc's deepening economic malaise.

In the interview, executive director Luis Garicano outlined the group's mission, its membership, and the timing of its launch — a moment when the European Union faces mounting pressure from global rivals and internal divisions.