Europe needs to bridge old divisions to become a „genuine power“ — or risk remaining subordinated to the United States and China, former European Central Bank chief Mario Draghi warns. „Of all those now caught between the United States and China, Europeans alone have the option to become a genuine power themselves,“ he says during a speech at a Belgian university. „Of all those now caught between the US and China, Europeans alone have the option to become a genuine power themselves,“ Draghi, who authored a landmark 2024 report on the EU economy, said in a speech at a university in Leuven, Belgium. SOUNDBITE