Here's a summary of the article:

**Report Highlights Europe's Economic Struggles**

A report led by Mario Draghi, former head of the European Central Bank, offers solutions to address Europe's sluggish economy. Key findings and recommendations include:

* **Slow economic growth**: Europe's economy grew only 0.4% in 2023 compared to 2.5% in the U.S.
* **Increased public investments**: The report recommends investing $750 billion-$800 billion (4.4%-4.7% of annual output) to:
	+ Transition to clean energy
	+ Enhance defense capabilities
* **Reducing dependency on external sources**: Europe's reliance on external sources for energy, growth, and defense is highlighted as a concern.
* **Innovation gap with the U.S.**: No EU company worth over $100 billion has been established in the last fifty years.
* **Investing in joint military projects**: The report stresses the importance of reducing reliance on U.S. defense equipment and investing in joint military projects.

**Next Steps**

The effectiveness of these recommendations depends on political will from EU governments and parliament.