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This month’s top news from naftikachronika.gr
ON THE
DRAGHI REPORT RECOGNISES will be around €40 billion each year from 2031 to
EUROPEAN SHIPPING’S GLOBAL 2050. Scaling up the production of clean fuels
LEADERSHIP and clean and innovative technologies in Europe
The long-awaited report by Mario Draghi on is set as a major objective. In this regard, the
the competitiveness of the European economy report identifies the need for adequate access to
published in September, delivers strong and finance, including special calls for shipping under
far-reaching recommendations on enhancing the the ETS Innovation Fund.
European economy’s competitiveness. “The Draghi report firmly recognises the global
The report acknowledges European shipping’s leadership role of European shipping and the need
global leadership and identifies that a fit-for- to maintain its international competitiveness.
purpose regulatory and taxation framework has European shipping is a success story and a corner-
ensured that the sector remains globally com- stone of the energy, food, and supply chain secu-
petitive. rity of our continent. In these times of geopoliti-
The report also recognises that shipping together cal uncertainty, it is crucial for Europe to maintain
with aviation are the most difficult sectors to and grow the EU-operated fleet, which ensures
decarbonise. Investment needs for shipping alone Europe’s position in the global supply chains as
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