20
May
2026
Watch
High time to deliver on the Single Market, providing certainty and predictability for EU businesses and quality jobs (continuation of debate)
Madam President, while Europe is regulating, others are innovating. The United States is investing heavily in reindustrialization and global technological leadership, China is strengthening its power through manufacturing and strategic supply chains, while Europe is busy adding new layers of bureaucracy and gold-plating. Take, for example, the digital euro. No one knows how it works because it's not easy. No one trusts because it leads to digital prison. We have one of the largest markets in the world. We do not lack talent or economic capacity, but we lack economic common sense. It is the companies that create jobs and support the European economy that have the hardest access to predictability and stability. It navigates 27 different interpretations, complicated by hyperregulation here from the European Union and also by administrative barriers and procedures that slow down investment. And the citizens feel it, I assure you. I feel it through job insecurity, rising costs and, above all, the feeling that the European economy is starting to lag behind. We need less fragmentation, not two-speed Europe, less bureaucracy, more predictability for companies and more support for those who produce, invest and create jobs here in Europe. If we continue to make our own path more difficult, others will continue to build the economic future for us.