Ets, von der Leyen: «The revision will even be related for Italy» | EUROtoday

More typically, on the entrance of relaunching the competitiveness of the European financial system, the President of the European Council Antonio Costa he defined throughout the identical press convention that «immediately within the present geopolitical context a robust Europe is vital». On this foundation «now we have authorized the “One Europe, One Market” agenda, an formidable motion plan, with a defined timetable, which we should implement no later than 2027».

More typically, to relaunch the only market, the European Community govt should current new measures by the autumn that permit the mutual recognition {of professional} {qualifications}. At the identical time, Brussels should develop mechanisms at a company degree that permit the digitalisation of intra-European administrative procedures. Finally, by 2026, Brussels should current measures that standardize product labeling obligations.

Even on the monetary entrance, the European Council has made substantial commitments. Among different issues, the Twenty-Seven need it to be authorized between now and the top of the yr the switch of supervision of economic markets from the nationwide degree to the European degree. Many observers consider that this measure is a vital, though not enough, situation for integrating monetary markets.

Finally, and to conclude, tonight’s European Council referred to as on Member States and the European Commission ‘to enhance, throughout the Union, the circumstances that permit companies to succeed in the size vital to speculate, innovate and be aggressive on a world degree’. Our consideration turns to the continued revision of the rules on mergers and acquisitions, bearing in mind the necessity to assure free competitors.

Affected, as by no means earlier than, by American protectionist decisions, by unfair Chinese competitors and just lately additionally by the financial shock attributable to the brand new warfare within the Middle East, the Twenty-Seven have sought an unsure cohesion, within the absence of absolutely lively group drivers. At the identical time, there’s a clear consciousness amongst member nations of getting to experience the only market to strengthen financial independence and political sovereignty.