One Europe, One Market – Europe’s strongest response to a world in transformation

In a fragmented world, scale is power. For Europe, scale can only come from unity.

The global economy is undergoing a profound transformation. Tariffs, energy shocks, supply chain disruptions and rising security tensions are no longer isolated crises — they are signals of a systemic shift. In this environment, the challenge for Europe is not simply how to respond, but how to position itself in a world increasingly shaped by continental-scale power.

Against this backdrop, and as the European Commission is set to present its Single Market roadmap to the European Council, the Jacques Delors Friends of Europe Foundation and partners launch a new policy paper: “One Europe, One Market” The paper brings together the Jacques Delors Institutes in Paris and Berlin, AREL Single Market Lab and Friends of Europe.

It argues that Europe’s key vulnerability lies in its internal fragmentation — across capital markets, energy systems and digital spaces — with tangible costs for competitiveness, resilience and global influence. It also sets out a concrete path to complete the Single Market by 2028, building on the momentum of the One Europe, One Market agenda advanced by Enrico Letta.

The paper outlines three priorities: a Savings and Investments Union, a genuine Energy Union, and greater innovation, connectivity and scale for European firms, supported by regulatory simplification, a stronger research base, and a fair social and territorial dimension.

The choice is increasingly clear: deepen integration and act at scale, or accept a gradual loss of relevance. Completing the Single Market remains Europe’s most powerful strategic asset.