Draghi wakes up Europe with a therapy of radical reforms and a double Marshall Plan but it would take a Merkel

Renew or perish. The message sent to theEurope from the former Prime Minister and former President of the ECB, Mario Draghi, with its plan on competitiveness is crystal clear. Either the Old Continent wakes up and implements radical reforms and investments of at least 800 billion euros or there is no hope: if there is no shock therapy, the risk that the EU runs is not only decline but dissolution. As the President of the Republic had warned just a few days earlier Sergio Mattarella. The epochal challenges facing Europe – from the energy transition to the digital one, from security to the demographic crisis – are so great that no country can do it alone. This is why they are urgent radical reforms, even decided by majority to avoid immobility, and colossal investments, a sort of double Marshall plan. But who pays? Private capital can certainly be mobilized, but the bulk of the investments must be borne by the budgets of each State and especially by the European budget. It was obvious that the most conservative Germans, led by the Minister of Finance, the liberal Christian Lindner, fresh from a resounding electoral defeat, were opposed. A bit like the Bundesbank when Draghi, as President of the ECB, proposed massive doses of Quantitative Easing and the purchase of government bonds to create money. Draghi always won and often relegated the Bundesbank to the opposition, often alone, at the top of the ECB. But Draghi could challenge Buba because he had an ace up his sleeve, namely a tacit agreement with the Chancellor Angela Merkel who had his back and encouraged him to continue with his enlightened monetary policy. Without Merkel and Macron there would never have been even the Next Generation Eu, unless someone still believes in the fairy tales he tells Giuseppe Conte. But now that Merkel is no longer there and the Government Scholz it's shaky, who's keeping the Krauts at bay? It would take a stroke of genius from Ursula with the assignment of a special EU task to Draghi to implement his Plan. Is it a dream? Of course, yes, but sometimes dreams come true and heaven knows how much Europe needs it Super Mario.