In his acceptance speech, Draghi emphasized the necessity for Europe to take a leading role in maintaining a rules-based global economy. German Chancellor Merz highlighted Draghi’s significant contributions during the Euro crisis, noting his efforts to stabilize the Euro and the monetary union during a precarious period. The Karlspreis, awarded since 1950, recognizes individuals or institutions that have made notable contributions to Europe. This event was broadcast on Deutschlandfunk on May 15, 2026.