11
Mars
2026
Regarder
Union de l’épargne et des investissements: il est temps d’accélérer le processus afin d’approfondir l’intégration des marchés (débat)
Madam President, Commissioner, colleagues, given the current complexity of the global economic environment and heightened geopolitical uncertainty, the European Union should focus much more on policy priorities which are entirely in its hands. And the single most important among them is the single market. Europe can create a lot of economic momentum from internal sources simply by removing obstacles which lead to fragmentation. Goods, services and capital – all three lose a significant amount of time and money when crossing borders between Member States. There is no true European market in many important areas – fragmentation rules. The savings and investments union is especially important, since there are no shortages of savings in the EU. The problem is that there is no mechanism efficient enough to channel available funds towards badly needed productive investments. Unfortunately, progress has been slow, ambitions limited and negotiations too long. We cannot blame our competitors for not doing our homework. It is time to act now.