Informal summit tomorrow

On competitiveness and enhanced cooperation, the EU tries to make a breakthrough

Even von der Leyen, like Draghi, no longer excludes the use of enhanced cooperation, which is however still viewed with suspicion by many. On the common European debt proposal relaunched by Macron, Germany remains cool for now

from our correspondent Beda Romano

La presidente della Commissione europea Ursula von der Leyen e il presidente del Consiglio europeo Antonio Costa

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

BRUSSELS - Informal summits have become the norm under the leadership of European Council President António Costa. Recently, heads of state and government have been meeting to discuss defence and transatlantic relations. In the medieval castle of Alden Biesen, in Belgian Flanders, originally inhabited by the Teutonic knights, the Twenty-Seven will devote themselves tomorrow, Thursday 12 February, to competitiveness. The topic is terribly old-fashioned. The hope is that this time the European rulers will be able to identify some reforms and commit to adopting them.

"In the current geopolitical context, strengthening the single market is more than ever an urgent strategic imperative," President Costa wrote in a letter to Heads of State and Government. The aim is still to reduce too many national barriers. For the occasion, the former Portuguese Prime Minister invited former Italian Prime Ministers Mario Draghi and Enrico Letta to participate in at least part of the discussions. The two are authors of well-known reports on the European economy.

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For her part, in a letter sent to the leaders, European Commission President Ursula von der Leyen listed the most urgent reforms: the simplification of regulations, diversification in trade, the revitalisation of technological research, and the promotion of the international role of the euro. The former German minister recalled the estimates of the International Monetary Fund. The single market is still marked by barriers amounting to tariffs of 45% in goods and 110% in services.

Like Mario Draghi a few days ago, Mrs von der Leyen no longer excludes the possibility of enhanced cooperation. Actually, the track is nothing new. In their own way, the eurozone and the Schengen area are enhanced cooperations. It would be a matter of continuing along the same path. It is not easy, however. Historically, enhanced cooperations are viewed with suspicion. Many governments fear creating a two-speed Europe; others are concerned about segmenting the single market.

Six Northern European countries - Finland, Sweden, the Netherlands and the three Baltic countries - also participated in the pre-summit debate. In a document circulated last Wednesday, they rode one of their great war horses, free competition, but opened the door to state aid, provided it was targeted. The six governments then recalled that in 2025 Brussels had identified in a note the ten biggest obstacles to the completion of the single market. These included the non-recognition of professional qualifications.

At a recent bilateral summit, Germany and Italia also presented their own point of view, emphasising the need for regulatory simplification. Of a different spirit was the proposal of French President Emmanuel Macron who in an interview with six European newspapers including Il Sole 24 Ore explained that if Europe wants to defend itself in an increasingly brutal world, new joint debt is needed to finance technological research.

The Politico website quoted a German official yesterday who was cold in his reaction to the new French proposals. Cold, but not closed: 'It is true that we need more investment. But, to be honest, this is within the context of the multiannual financial framework,' he said, referring to the 2028-2034 budget, which is under negotiation. It will be interesting to see whether Berlin will ultimately give in to the idea of a bigger budget, even with new debt in common.

Ultimately, all European countries want to strengthen the European economy, and everyone knows that Europe can do more in terms of competitiveness. The pre-summit debate showed how the governments are coming to the meeting in Alden Biesen Castle with their own needs, their own idiosyncrasies, their own war horses. President Costa's task will be to force the leaders to identify some precise measures. Among these, the emergence of a 28th company regime, in addition to the 27 national regimes, is increasingly mentioned.

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