(see related) Ex-premier and former ECB President Mario Draghi on Tuesday defended one of the main proposals of his new report on boosting the EU's competitiveness, extending the bloc's joint debt, as he presented the report to the European Parliament. "If we oppose the construction of a true single market, the integration of the capital market and the issuance of common debt, we oppose our EU objectives," he said. "The common debt is not for general public spending or for subsidies, but in order to achieve the fundamental objectives for our future competitiveness, which we all have already agreed on". Source: Ansa News Agency