Mario Draghi has teamed up with Stripe co-founder Patrick Collison and several prominent European founders to form the Rhino Group. The initiative is framed as a response to the challenges identified in the Draghi report and is intended to bolster Europe’s capacity for innovation and its competitive position globally.
The creation of Rhino Group signals a coordinated effort by high-profile figures to address economic and innovation shortfalls through collaboration among entrepreneurs and policymakers, with the stated goal of improving Europe’s prospects in technology and business.