Connect with us

World

For the EU’s prosperity, we must empower the single market now

Published

on

For the EU’s prosperity, we must empower the single market now

The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews.

The EU rests on its single market, its singular crowning achievement. To ensure the EU’s future competitiveness and prosperity, its leaders must act now to truly empower it, Jacques Pelkmans writes.

ADVERTISEMENT

When the EU marked 30 years of the single market in 2023, a report should have been written about it but was not even requested. 

The core of the unwritten report would have concluded that the union’s single market is far weaker than assumed and not nearly as “single” as the name suggests. 

It is full of shortcomings and contains hundreds of barriers and distortions that seriously and detrimentally impact the EU’s ability to stimulate and encourage investment.

This must be addressed by EU policymakers as a matter of urgency. We need immediate and sustained action to deepen and strengthen the single market at the highest political level.

Advertisement

This is why the “other” report that should have been commissioned and written last year is so strategic — even though the term “strategic” is mightily overused in today’s EU. 

But for the health and dynamism of the EU’s economy over the long term, there is no action more important and more strategic than empowering the single market. It truly is the EU’s trump card in an increasingly unstable and uncertain global order.

Real ownership required

The EU could gain as much as 9% of its current GDP if concrete steps are taken now to empower the single market, tantamount to the current combined GDP of the Czech Republic, Belgium and Ireland. 

If the EU could induce a greater sense of dynamism via start-ups/scale-ups and a heavier emphasis on R&D and patents, the extra boost in GDP would be even higher.

To achieve this requires real ownership by the EU’s political leadership, however. There needs to be firm action by the European Council right after the start of the new European Commission’s mandate and the formation of the new European Parliament later this summer.

Advertisement

The new CEPS In-Depth Analysis report “Empowering the Single Market” (arguably the unwritten report on the single market that should have been commissioned last year) calls for a medium-term programme that would be decided by the European Council but embraced and implemented by the European Commission, in partnership with the EP. The plan would include regular and rigorous oversight to ensure progress doesn’t stall.

At the European Council level, the troika of national presidencies ought to be as active and enterprising as during the early Delors period (late 1985-1988). 

There should be a dedicated Commissioner for the internal market, ideally a Vice-President to clearly signal that the single market is a political priority.

The rest of the report’s programme mostly outlines substance rather than institutional issues, with one key exception — enforcement. Infringements are often costly for the single market but hardly so for the relevant member states, even over a period of several years. 

Thus, in serious instances, a fast-track procedure or the suspension of a national law should be possible. Finally, the European Parliament’s IMCO committee should have annual single market enforcement sessions, with accompanying reports, and extensive hearings giving consumers, citizens and businesses a clear voice.

Advertisement

No pain, no gain

The substance of the proposed medium-term programme ought to be ambitious. It must be accepted that, in the short run, some measures are bound to be painful for some, otherwise, genuine progress will never be more than piecemeal. 

The credibility and effectiveness of the programme hinges first of all on services, with two parallel action plans proposed.

The first is about removing barriers and distortions in services falling under the 2006 Services Directive, with an emphasis on professional services, retail (all the way down to the local level) and construction services.

The second is about services falling under dedicated sector regulation, such as rail freight, as well as effective progress in achieving competitive and larger European capital markets — crucial for ensuring EU businesses, including start-ups, can access risk capital. 

ADVERTISEMENT

The second plan also stresses the need for the full integration of banking services, the better facilitation of cross-border consumer (and other) finance and more investment in cross-border interconnectors.

The proposed programme’s credibility would also rest on ending “hard fragmentation”, namely consolidating the EU’s telecoms market, stricter rules to coordinate spectrum frequencies between member states, the fully-fledged Europe-wide operation of air traffic control, and shifting from a myriad of national copyright rules to a single EU copyright regime.

Advertisement

Ambitious and far-reaching is the only way

Other significant moves include the European Commission abandoning its revised approach to harmonised European standards — this has no useful purpose. 

Regulating on issues that are better left to diplomacy, which has severe costs for European companies involved in global value chains, also needs to be stopped. 

And finally, support for EU start-ups must be improved to encourage and stimulate more dynamism in the EU economy.

ADVERTISEMENT

Make no mistake, all of the above is highly ambitious. Enacting such a far-reaching programme will require much political skill, resolve and capital. But the consequences of not doing it would be far worse.

The EU rests on its single market, its singular crowning achievement. To ensure the EU’s future competitiveness and prosperity, its leaders must act now to truly empower it.

Jacques Pelkmans is Associate Senior Research Fellow at CEPS and professor at the College of Europe in Bruges.

Advertisement

At Euronews, we believe all views matter. Contact us at view@euronews.com to send pitches or submissions and be part of the conversation.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

World

UN revisits 'killer robot' regulations as concerns about AI-controlled weapons grow

Published

on

UN revisits 'killer robot' regulations as concerns about AI-controlled weapons grow

Several nations met at the United Nations (U.N.) on Monday to revisit a topic that the international body has been discussing for over a decade: the lack of regulations on lethal autonomous weapons systems (LAWS), often referred to as “killer robots.” 

This latest round of talks comes as wars rage in Ukraine and Gaza.

While the meeting was held behind closed doors, U.N. Secretary-General António Guterres released a statement doubling down on his 2026 deadline for a legally binding solution to threats posed by LAWS. 

“Machines that have the power and discretion to take human lives without human control are politically unacceptable, morally repugnant and should be banned by international law,” Guterres said in a statement. “We cannot delegate life-or-death decisions to machines,” he later added.

United Nations Secretary-General António Guterres speaks during a Security Council meeting during the 79th United Nations General Assembly at U.N. headquarters in New York City on Sept. 27, 2024. (Reuters/Eduardo Munoz)

Advertisement

FORMER TRUMP OFFICIAL SLAMS UN REFORM EFFORTS AS ‘EIGHT AND A HALF YEARS LATE’

International Committee of the Red Cross (ICRC) President Mirjana Spoljaric delivered a statement to nations participating in Monday’s meeting. Spoljaric expressed the ICRC’s support for efforts to regulate LAWS but warned that technology is evolving faster than regulations, making threats posed by the systems “more worrying.”

“Machines with the power and discretion to take lives without human involvement threaten to transform warfare in ways with grave humanitarian consequences. They also raise fundamental ethical and human rights concerns. All humanity will be affected,” Spoljaric said.

The picture shows the unmanned aerial vehicle of China captured at the Zhuhai Air Show on Nov. 7, 2018.

The picture shows the unmanned aerial vehicle of China captured at the Zhuhai Air Show on Nov. 7, 2018. (Costfoto/Future Publishing via Getty Images)

NUCLEAR WATCHDOG URGES ‘TRUST BUT VERIFY’ THAT IRAN ENGAGES IN GOOD-FAITH NEGOTIATIONS

Artificial intelligence is not necessarily a prerequisite for something to be considered an autonomous weapon, according to the U.N., as not all autonomous systems fully rely on AI. Some can use pre-programmed functions for certain tasks. However, AI “could further enable” autonomous weapons systems, the U.N. said.

Advertisement

Vice President of the Conservative Partnership Institute Rachel Bovard, however, says that while regulation of autonomous weapons is necessary, the U.S. needs to be cautious when it comes to the development of international law.

“AI is the wild west and every country is trying to determine the rules of the road. Some regulation will be imperative to preserving our humanity. When it comes to international law, however, the U.S. should proceed with caution,” Bovard told Fox News Digital. “As we have learned with everything from trade to health, subjecting our national sovereignty to international dictates can have lasting unintended consequences. If existing international law is sufficient at the moment, that is what should govern.”

Palestinian President Mahmoud Abbas addresses the 79th session of the United Nations General Assembly on Thursday, Sept. 26, 2024 at U.N. headquarters.

Palestinian President Mahmoud Abbas addresses the 79th session of the United Nations General Assembly on Thursday, Sept. 26, 2024 at U.N. headquarters. (AP Photo/Frank Franklin II)

Countries in the Convention on Certain Conventional Weapons have been meeting since 2014 to discuss a possible full ban on LAWS that operate without human control and to regulate those with more human involvement, according to Reuters.

In 2023, more than 160 nations backed a U.N. resolution calling on countries across the globe to address the risks posed by LAWS. However, there is currently no international law specifically regulating LAWS.

Advertisement

Continue Reading

World

Maldives parliament removes two Supreme Court judges

Published

on

Maldives parliament removes two Supreme Court judges

The Parliament of the Maldives has impeached two judges of the country’s Supreme Court, deepening a political crisis triggered by President Mohamed Muizzu’s push to amend the constitution and strip legislators of their seats if they switch political parties.

The Parliament, where the governing People’s National Congress holds a supermajority, voted on Wednesday to remove Justices Azmiralda Zahir and Mahaz Ali Zahir on allegations of abuse of power.

The vote, which passed 68 – 11, took place as dozens of opposition supporters rallied outside the Parliament House, calling for Muizzu’s resignation and an end to what they called the intimidation of judges.

The move comes more than two months after the judicial watchdog, dominated by Muizzu’s allies, suspended the two judges and their colleague, Justice Husnu al-Suood. At the time, the seven-member Supreme Court bench had been holding hearings into a petition challenging the anti-defection amendments.

Suood later resigned from the top court, accusing Muizzu and Attorney General Ahmed Usham of intimidating all the judges of the Supreme Court to secure a judgement in their favour.

Advertisement

The president and his lawyer deny the charges.

“I do not interfere with the judiciary,” Muizzu told reporters during a 14-hour news conference on May 3. “I have never done so. I do not control the [the judicial watchdog].”

The crisis has brought the Maldives’s Supreme Court to a near halt, pausing hearings in all ongoing cases, including on the constitutional amendments. It has also raised fears of renewed instability in the Indian Ocean honeymoon destination, which held its first multiparty elections in 2008, but has been roiled by political turmoil since, including a coup d’etat, disputed elections, and the killings and jailing of dissidents.

‘Attack on judiciary’

Azmiralda and Mahaz denounced their impeachment.

“This is an attack on the Maldivian judiciary. It is no ordinary matter to bring the Maldives Supreme Court to a halt,” Azmiralda said in a statement. “My hope is that one day, when the rule of law is established in this country … all of the various officials who took part in destroying the Supreme Court are held accountable.”

Advertisement

The case against the two judges stems from the arrest of Azmiralda’s husband, Ismail Latheef, during a police raid on a spa where he was receiving a massage in the Maldivian capital, Male, on December 4 of last year.

The incident happened two weeks after Muizzu ratified the anti-defection measures.

The controversial amendments stipulate that legislators elected on a political party ticket would lose their seat if they switch parties, or if they resign or are expelled from their party. The provisions effectively allow Muizzu to maintain his supermajority in Parliament, where his party controls 79 of the chamber’s 93 seats.

The president has argued they are necessary to “improve political stability”, but opponents say they would destroy the country’s system of checks and balances.

At the time of Latheef’s arrest, a former member of parliament had filed a petition at the Supreme Court challenging the legality of the amendments, but the bench had yet to decide to take up the case.

Advertisement

Latheef was held overnight for more than 12 hours, on charges of soliciting a prostitute, but was released by a judge at the Criminal Court. In the ruling, the judge noted that the masseuse treating Latheef was fully clothed at the time of the raid, and that the room they were in was unlocked.

The prosecutor’s office later shelved the case against Latheef, citing a lack of evidence.

But after the Supreme Court began reviewing the constitutional amendments in February, the watchdog Judicial Services Commission (JSC) took up a separate case against Azmiralda and Mahaz, claiming the two judges had unlawfully lobbied lower court judges to secure Latheef’s release.

The JSC recommended that the Parliament impeach them last month.

‘No ulterior motives’

The judges have denied the charges, with lawyers for Azmiralda saying that the case was “manufactured by top government officials to suspend” them “in order to influence the outcome of the constitutional case before the Supreme Court”.

Advertisement

Usham, the Attorney General, has told Al Jazeera that the government “categorically denies these allegations”.

“There is absolutely no truth to the claim that the executive branch had any hand in the JSC’s [the judicial watchdog’s] decision,” he wrote in an email. “The suspension was pursuant to law and… any suggestion of ulterior motives is firmly rejected by the Government.”

The case, however, has drawn criticism from the United Nations and rights groups.

Margaret Satterthwaite, the UN’s special rapporteur on the independence of judges and lawyers, expressed grave concern last month over the action against the three judges, saying they appear to be aimed at undermining the Supreme Court’s judicial review of the anti-defection measures.

“The disciplinary proceedings brought against three of the Supreme Court’s Justices appear to violate the principle that judges can only be dismissed on serious grounds of misconduct or incompetence and in accordance with fair procedures guaranteeing objectivity and impartiality as provided for by the Constitution or the law,” she wrote. “The pressure of suspensions, disciplinary proceedings and investigations may amount to an interference in the independence of this institution.”

Advertisement
Continue Reading

World

Top US Senate Democrat to block Trump DOJ nominees over Qatar airplane

Published

on

Top US Senate Democrat to block Trump DOJ nominees over Qatar airplane
U.S. Senate Democratic Leader Chuck Schumer on Tuesday vowed to block all of President Donald Trump’s nominees to the Justice Department until the agency reports what it knows about Qatar’s offer to give Trump’s administration a $400 million airplane.
Continue Reading

Trending