{"id":188575,"date":"2024-07-30T11:21:54","date_gmt":"2024-07-30T09:21:54","guid":{"rendered":"https:\/\/www.foment.com\/?p=188575"},"modified":"2024-07-30T11:21:54","modified_gmt":"2024-07-30T09:21:54","slug":"the-conference-reform-the-internal-market-for-a-more-competitive-europe-calls-for-more-integration-to-be-able-to-have-regulation","status":"publish","type":"post","link":"https:\/\/www.foment.com\/en\/the-conference-reform-the-internal-market-for-a-more-competitive-europe-calls-for-more-integration-to-be-able-to-have-regulation\/","title":{"rendered":"The conference \u2018Reform the internal market for a more competitive Europe\u2019 calls for more integration to be able to have regulation"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<ul>\n<li><strong>Josep S\u00e1nchez Llibre sees a strong internal market in the EU as \u201cessential\u201d and calls for \u201cgreater fiscal harmonization\u201d<\/strong><\/li>\n<li><strong>Enrico Letta calls for European integration to be completed in the next five years<\/strong><\/li>\n<\/ul>\n<p>During the economic conference <em>&#8216;<strong>Reforming the Internal Market for a More Competitive Europe<\/strong>&#8216;<\/em> hosted by <strong>Foment del Treball<\/strong>, discussions were held on financial, energy, and telecommunications regulation, as well as trade and industry. The event, presented by the president of the European Leadership Academy, <strong>Josep Antoni Duran i Lleida<\/strong>, concluded with a panel featuring the president of Foment, <strong>Josep S\u00e1nchez Llibre<\/strong>, former Vice President of the European Commission, <strong>Joaqu\u00edn Almunia<\/strong>, president of Banco Sabadell, <strong>Josep Oliu<\/strong>, and former Prime Minister of Italy, <strong>Enrico Letta<\/strong>. Letta is currently preparing a <strong>report on the state of the European single market<\/strong> and is interviewing various business and economic leaders across the EU.<\/p>\n<p>The president of Foment del Treball, <strong>Josep S\u00e1nchez Llibre<\/strong>, highlighted the \u201c<strong>need for European regulations in areas such as finance, telecommunications, and energy<\/strong>.\u201d In this regard, President S\u00e1nchez Llibre emphasized the importance of \u201caligning the energy transition with the industrial energy transition to avoid hindering competitiveness.\u201d He also warned that \u201cit is crucial to assess the impact of new regulations on economic activity,\u201d adding that it is \u201cessential\u201d to have a strong internal market in the EU, as well as greater \u201cfiscal harmonization.\u201d<\/p>\n<p><strong>Enrico Letta<\/strong> called for European integration to be completed \u201cwithin the next five years,\u201d considering it an urgent matter. Additionally, Letta warned that <strong>Europe will not succeed in competing with \u201cChinese, Indian, and American\u201d entities<\/strong> if it is not united, and stressed that there must be at least one European at the global table, regardless of nationality. In this context, the former Italian Prime Minister also warned about the increasing fragmentation due to \u201cnational decisions to promote subsidies and state aid.\u201d<\/p>\n<p>The former Vice President of the European Commission, <strong>Joaqu\u00edn Almunia<\/strong>, cautioned that \u201cwe have many things to do and we don\u2019t have 30 years,\u201d referring to the time since the integration process began in 1993. He noted that in the coming years, <strong>massive resources will need to be allocated to the energy transition<\/strong>, the reconstruction of Ukraine, defense, and industrial policy, among others. He predicted that the EU will grow from 27 to 36 members. Integration needs to be accelerated in banking, capital markets, telecommunications, and energy, Almunia concluded.<\/p>\n<p>The president of Banco Sabadell, <strong>Josep Oliu<\/strong>, suggested that \u201cwhen supervising and regulating the European financial system, rules should favor banks\u2019 ability to meet all the financing needs of the European economy and support businesses requiring our assistance.\u201d<\/p>\n<p>[\/vc_column_text][vc_empty_space]<div class=\"flexslider wpb_content_element\"><ul class=\"slides\"><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700483671-2.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700483671-8.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/Jornada_Mercat_Interior_x_EvaParey_012-scaled.jpg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/Jornada_Mercat_Interior_x_EvaParey_021-scaled.jpg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700478829-2.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700478829-7.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700478832-3.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700482491-3.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700482491-8.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700482499-9.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700478832-4.jpeg\" alt=\"\" \/><\/li><li><img src=\"https:\/\/www.foment.com\/wp-content\/uploads\/2023\/11\/photo1700485582.jpeg\" alt=\"\" \/><\/li><\/ul><\/div>[\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] Josep S\u00e1nchez Llibre sees a strong internal market in the EU as \u201cessential\u201d and calls for \u201cgreater fiscal harmonization\u201d Enrico Letta calls for European integration to be completed in the next five years During the economic conference &#8216;Reforming the Internal Market for a More Competitive Europe&#8216; hosted by Foment del Treball, discussions were held on financial, energy, and telecommunications regulation, as well as trade and industry. The event, presented by the president of the European Leadership Academy, Josep Antoni Duran i Lleida, concluded with a panel featuring the president of Foment, Josep S\u00e1nchez Llibre, former Vice President of the European Commission, Joaqu\u00edn Almunia, president of Banco Sabadell, Josep Oliu, and former Prime Minister of Italy, Enrico Letta. Letta is currently preparing a report on the state of the European single market and is interviewing various business and economic leaders across the EU. The president of Foment del Treball, Josep S\u00e1nchez Llibre, highlighted the \u201cneed for European regulations in areas such as finance, telecommunications, and energy.\u201d In this regard, President S\u00e1nchez Llibre emphasized the importance of \u201caligning the energy transition with the industrial energy transition to avoid hindering competitiveness.\u201d He also warned that \u201cit is crucial to assess the impact [&hellip;]<\/p>\n","protected":false},"author":281,"featured_media":173525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[168,6650],"tags":[],"acf":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/posts\/188575"}],"collection":[{"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/users\/281"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/comments?post=188575"}],"version-history":[{"count":2,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/posts\/188575\/revisions"}],"predecessor-version":[{"id":188577,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/posts\/188575\/revisions\/188577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/media\/173525"}],"wp:attachment":[{"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/media?parent=188575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/categories?post=188575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foment.com\/en\/wp-json\/wp\/v2\/tags?post=188575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}