In an international environment marked by recurring shocks and growing competition among continental-scale economic blocs, Europe’s positioning calls for a strong response. Tariffs, energy crises, fragmented value chains and rising geopolitical tensions are no longer isolated episodes, but reflect a structural transformation of the global economy. In this context, unity becomes a decisive source of power and influence.

Europe’s main vulnerability lies in its persistent internal fragmentation, across capital markets, energy systems and the digital space. This fragmentation carries tangible costs for businesses and citizens, constrains investment and innovation, and weakens the Union’s role in global decision-making. In a world where economic scale translates directly into geopolitical relevance, operating below potential represents a systemic risk.

To address this challenge, the Jacques Delors Friends of Europe Foundation, together with AREL Single Market Lab, launches a new policy paper.

Building on the momentum of the “One Europe, One Market” agenda advanced by Enrico Letta, the paper sets out a dual line of action. On the one hand, it defines a concrete path to complete the Single Market by 2028, structured around three interconnected pillars: a Savings and Investments Union, a genuine Energy Union, and greater innovation and connectivity. These priorities are supported by horizontal enablers, including regulatory simplification, a stronger research base, and a more robust social and territorial dimension. On the other hand, the paper introduces a methodological approach grounded in political commitment, a comprehensive framework, and clear timelines, drawing on and adapting the logic of the Delors method.

The trajectory outlined now requires shared commitment across institutions, Member States and stakeholders, with a clear understanding that the alternative to deeper integration is a gradual loss of relevance in the global system.