Former ECB chief, Italian top politician Mario Draghi, praises Sweden. He highlights the Nordic country as a role model when it comes to combining high productivity with a safety net for the poor.
Mario Draghi, also known as Super-Mario from his time as head of the European Central Bank from 2011-2019, is set to present a report with proposals on how the EU can increase its competitiveness against, among others, the USA.
In connection with a speech in Spain on Friday, the Italian, who was the country's prime minister between 2021 and 2022, highlighted Sweden as a role model.
The example of Sweden, which has an IT sector that is more than twice as productive as the EU average, shows that a strong social model and technological progress are not only compatible, but also self-reinforcing when it comes to education and knowledge, says Draghi as he receives an award from Spain's King Felipe at an event in western Spain.
He points out that his proposals for improving business conditions will not compromise EU citizens' living standards.
