Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Super Mario lifts Sweden as a role model

Former ECB chief, Italian top politician Mario Draghi, praises Sweden. He highlights the Nordic country's largest nation as a role model when it comes to combining high productivity with a safety net for the poor.

» Updated: 16 July 2024, 14:58

» Published: 14 June 2024

Super Mario lifts Sweden as a role model
Photo: Josh Reynolds/AP/TT

Former ECB chief, Italian top politician Mario Draghi, praises Sweden. He highlights the Nordic country as a role model when it comes to combining high productivity with a safety net for the poor.

Mario Draghi, also known as Super-Mario from his time as head of the European Central Bank from 2011-2019, is set to present a report with proposals on how the EU can increase its competitiveness against, among others, the USA.

In connection with a speech in Spain on Friday, the Italian, who was the country's prime minister between 2021 and 2022, highlighted Sweden as a role model.

The example of Sweden, which has an IT sector that is more than twice as productive as the EU average, shows that a strong social model and technological progress are not only compatible, but also self-reinforcing when it comes to education and knowledge, says Draghi as he receives an award from Spain's King Felipe at an event in western Spain.

He points out that his proposals for improving business conditions will not compromise EU citizens' living standards.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late

How You Are Affected by Lowered Interest Rates
2 MIN READ

How You Are Affected by Lowered Interest Rates

The Central Bank doubles down - uncertainty after Trump's victory
2 MIN READ

The Central Bank doubles down - uncertainty after Trump's victory

Inflation upswing does not threaten interest rate cuts
3 MIN READ

Inflation upswing does not threaten interest rate cuts

Stockholm Stock Exchange Rises at Opening
1 MIN READ

Stockholm Stock Exchange Rises at Opening

Most up on Asian stock exchanges
1 MIN READ

Most up on Asian stock exchanges

This is how your wallet can be affected by Trump's victory
2 MIN READ

This is how your wallet can be affected by Trump's victory

Cheerful on Wall Street after Trump win
1 MIN READ

Cheerful on Wall Street after Trump win

Thousand-kronor notes to be picked up when the Central Bank increases the pace
3 MIN READ

Thousand-kronor notes to be picked up when the Central Bank increases the pace

Swish up and running again after disruption
1 MIN READ

Swish up and running again after disruption

Trump's company is soaring on the stock exchange
1 MIN READ

Trump's company is soaring on the stock exchange

Swedish Export Threatened by Trump Victory
2 MIN READ

Swedish Export Threatened by Trump Victory

Sameby's appeal against mining company rejected
1 MIN READ

Sameby's appeal against mining company rejected

Inflation Expectations Fall
1 MIN READ

Inflation Expectations Fall

Better than expected for Novo Nordisk
1 MIN READ

Better than expected for Novo Nordisk

No "Trump Effect" on the Stockholm Stock Exchange
1 MIN READ

No "Trump Effect" on the Stockholm Stock Exchange

Stock Market Euphoria as Trump Heads for Victory
2 MIN READ

Stock Market Euphoria as Trump Heads for Victory

Rush on the Tokyo Stock Exchange after the election night
1 MIN READ

Rush on the Tokyo Stock Exchange after the election night