What to watch: Last week, POLITICO revealed that he is proposing loosening rules for defense deals, but in a closed-door meeting Draghi said that consolidation might be sought in some sectors. The telecoms lobbyists pricked up their ears.

5. We’re still Europe though

Draghi told  lawmakers that his work will be based on European values such as social equality, equity, and quality public services.

His research will include a comparison about inequalities in parts of the world, but the report is also likely to focus on what’s often called “the European social model” and how it can be useful in setting up new social standards that can be beneficial to firms and the manufacturing sector.

In his more recent speeches, Draghi has said EU governments “do not focus enough on our own market: almost 80 percent of procurement over the last two years has been from outside the EU.” He proposed changes to introduce Buy European clauses in procurement rules.

What to watch: We bet that the report will include a more detailed proposal on made-in-Europe clauses. But we cannot say if it will be enough to convince left-wing politicians and lawmakers, who are the most skeptical ― indeed, openly critical ― toward the incoming report. 

Bonus track: It’s the governance, stupid

Trying to fully exploit the bloc’s size and to make its policies consistent will be one of the main topics of the report.