"Whatever It Takes" 2.0: Can Mario Draghi Save Europe a Second Time?

IE Talk: "Whatever It Takes" 2.0: Can Mario Draghi Save Europe a Second Time?

On 26 July 2012, then ECB President Mario Draghi gave the so-called “whatever it takes” speech, today widely considered as the turnaround point in the European sovereign debt crisis. The speech, together with the outright monetary transactions program tool (OMT) announcement, were enough to remove re-denomination risk from sovereign bond markets and save the Euro.

In 2023, just when he thought he was out, the President of the European Commission, Ursula von der Leyen pulled him back in to come up with recommendations to make the EU more competitive with the rest of the world in various areas such as defence, energy, transport, space, and the pharmaceutical sector.

If you have not read the Draghi Report (and its single market companion, the Letta report) on how to make Europe grow again, then Professor Joe Haslam of IE Business School has done it for you. Is Europe capable of growing at rates similar to the USA and China or are we just a place for cathedrals and shopping?

Of particular interest to venture backed startups looking to scale is the “28th Regime” which would harmonize corporate governance, capital requirements, and share capital maintenance rules across EU member states. Can a single pan-European startup entity unlock a new wave of growth, investment and innovation? 

The session will be followed by a networking cocktail, so you will have the chance to connect with Professor Joe Haslam, other professionals and IE candidates, the IE Benelux Team, and IE Alumni.

Agenda

• 18:30-18:45 Registration  
• 18:45-19:00 Welcome by IE University 
• 19:00-20:30 Masterclass
• 20:30-21:30 Networking cocktail 

About Joe Haslam

Professor Joe Haslam is the Executive Director of the Owners Scaleup Program at IE Business School in Spain. This is a program specially designed for small and medium sized companies that want to develop an exponential business model in order to scale.

In the International MBA, he teaches an award winning elective called "Scaling Your Startup", in the Master in Management he teaches a similar elective called “Scaleup Yourself!” and in the BBA he teaches "Scaleup Secrets". In addition, he teaches a number of online programs for IE Executive Education.

In 1998, Prof Haslam was on the founding Team of Marrakech, a Dublin based e-procurement company that raised over $75m in Venture Capital and scaled to over 250 people. He was the co-founder and Chairman of Hot Hotels, the first company from Spain to be accelerated by the Techstars program in the USA (Boston, Summer 2015).