Iratxe García Pérez· S&D

Nuanced

The Draghi report states that the European Union must invest at least EUR 800 billion per year to sustain its economic and social model.

Omissions

• The Draghi report specifies a range of EUR 750 to 800 billion per year, not 'at least 800 billion'. The MEP cited the upper bound of the range (800 billion) while omitting the lower bound (750 billion).
• The report was published in September 2024, and the MEP could have accessed this data.

Sources

• PrimaryEuropean Commission - The future of European competitiveness (Draghi Report)To meet the objectives laid out in this report, a minimum annual additional investment of EUR 750 to 800 billion is needed
• PrimaryEuropean Parliament - REPORT on facilitating the financing of investmentsThe recent Draghi Report has identified a minimum annual additional investment requirement of EUR 750 to 800 billion
• SecondaryThe Guardian - EU 'needs €800bn-a-year spending boost to avert agonising decline'Report by Mario Draghi calls for additional investment of €750bn-€800bn per year to regain growth and prevent social unrest
• SecondaryPolitico - Draghi demands €800B cash boost to stem Europe's rapid declineIt would add up approximately to an additional €800 billion per year