Mario Draghi’s plan to fix European Economy already looks impossible!!! Why?

well that's uh that that's in a sense the logical reasoning of the report now of course between assessing the need to act and act and financing the action and deciding how much is going to be privately financed how much is publicly financed and discovering that the more you for example improve on the single Market the more responsive will be the private Capital markets and therefore the need for for public financing is going to be lower and then at the end you still need to finance common projects like com like grids for example you see I deliberately want to make all these chain of all this chain to show that before you reach that stage where you have to find agreement about a common safe asset is maybe a long time maybe a long period of time but but on the other hand there are common projects like geds that are cannot or hardly can be supported by or at least in the initial stage it's hardly to think it's hard to think they can be supported by private money in which case the case for public money becomes pretty urgent thank you very much many hands raised in The Press Room from remote uh Jack barck you have the floor

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