26 March 2025 | Euro

Mario Draghi emphasizes importance of careful defense spending increase in Europe

Mario Draghi emphasizes importance of careful defense spending increase in Europe

Former head of the European Central Bank Mario Draghi views the German government's decision to increase defense spending as a ‘game changer.’ However, he warns that there are certain risks associated with the implementation of this plan.

The former Italian prime minister is concerned about how the European Commission handles the policy change. According to him, the process must be carried out with caution. He also reiterated the need to improve Europe's competitiveness in a rapidly changing world.

Last year, Mario Draghi prepared a report for the European Commission containing a detailed plan aimed at stabilization of the bloc's economy. It included recommendations for creating a capital markets union, repatriating Europe's huge savings surplus, and investing in innovation and growth. He also recently stated the need to integrate Europe's armed forces and share spending to compete more effectively with other countries.

Anton Volkov MarketCheese
Period: 30.04.2026 Expectation: 1300 pips
Investing in SPX during correction with 6,700 in sight
Today at 07:33 AM 5
Brent sell
Period: 10.04.2026 Expectation: 850 pips
Brent crude pullback is coming as geopolitical premium fades
Today at 06:51 AM 8
Period: 30.04.2026 Expectation: 850 pips
Selling EURUSD down to 1.1490
Today at 04:12 AM 8
Period: 17.04.2026 Expectation: 170 pips
SPX sell-off aims for 6,330
Yesterday at 11:40 AM 33
Period: 09.04.2026 Expectation: 15000 pips
Buying ETHUSD off support with $2,200 in sight
Yesterday at 11:06 AM 41
Gold sell
Period: 03.04.2026 Expectation: 180 pips
Short-term gold sell-off targets $4,400
Yesterday at 08:41 AM 41
Go to forecasts