Economy Europe must remain committed to openness: Draghi

Europe must remain committed to openness: Draghi

European Central Bank (ECB) president Mario Draghi.

Europe needs to fix its mistakes and reinforce its commitment to economic openness to protect wealth and political security, European Central Bank President Mario Draghi said on Thursday.

“It is clear what the way ahead is for our union,” Draghi said in Ljubljana. “Not to turn away from what has worked: our model of economic openness reinforced by our single currency. But to put right the mistakes that have prevented it from working as well as it should.”