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2024/09/11 / Erste Group Research

Draghi presents report on EU competitiveness

In his report to the European Commission, the former ECB President and Italian Prime Minister provided a series of measures to increase European competitiveness, primarily through greater innovative strength. He emphasises that decarbonisation only represents an opportunity for growth if economic measures are in line with climate targets. Otherwise, it could harm competitiveness. However, the financing of the measures is controversial.

An interest rate cut of 25 bps is expected at tomorrow's ECB Governing Council meeting.

Special topics of the week:

- Issuer in focus: Oberbank
- Issuer in focus: EPH

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General information

AuthorErste Group Research
Date2024/09/11
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-
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