Europe at a crossroads: is Letta’s way the right way?

About this webinar

Europe is at a turning point. How we organize competition and the internal market will shape the EU's future. The next five years will bring critical economic policy decisions – but what will they mean for consumers?
Huge investments are needed for the EU's green transition, defense, and infrastructure, yet the eurozone is barely growing. With consumer budgets stretched thin, affordable goods and services are crucial.
Europe is also shielding itself from perceived unfair competition, like tariffs on Chinese EVs and solar panels, while the US prioritizes its own economy with the Inflation Reduction Act. These actions challenge the global trade that has long benefited Europe.
There is a risk that Europe’s push for fair competition could turn into protectionism or corporate favoritism – a thin line to walk.



Enter Enrico Letta, former Prime Minister of Italy who is one of many concerned that the EU internal market needs to change so it can strengthen its position on the global stage and in the global marketplace.
His report ‘Much more than a market’ looks at what is needed for the next iteration of the single market project to return to the growth, innovation and solidarity which first defined it. Letta’s report will soon be joined by Marco Draghi’s recommendations for increasing European competitiveness, written at the request of the European Commission.

As these two reports will undoubtedly influence the next legislature of the European Union, it’s time to take a deep dive into what’s being proposed and ask what they mean for consumers.