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Story summary
- Mathias Cormann, head of the Organisation for Economic Co-operation and Development (OECD), urged European leaders to heed Mario Draghi's reform recommendations for the EU at World Governments Summit in Dubai.
- He described the EU as a successful entity facing structural challenges amid changing dynamics.
- Cormann endorsed Draghi's call for a true federation and joint borrowing on major projects.
- EU leaders will discuss these issues at an upcoming retreat in Belgium.
