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EU Institutions Reaffirm Commitment to Economic Growth with ‘One Europe, One Market’ Roadmap

Brussels:The European Union institutions have reaffirmed their commitment to the 'One Europe, One Market' initiative in their second review of the joint declaration and roadmap aimed at boosting economic growth. The Presidents of the European Parliament, Council, and Commission assessed the progress made since the roadmap's inception and expressed their dedication to delivering tangible results for European citizens and businesses, especially in the current unstable global environment.

According to Cyprus News Agency, the three institutions are focused on enhancing Europe's competitiveness by removing barriers within the Single Market and providing clean, affordable energy. They aim to strengthen the social aspect of the European project, promoting social justice and creating a fairer, more inclusive Europe.

The roadmap is designed to complete the Single Market by the end of 2027, facilitating the free flow of energy, capital, innovation, and ideas across borders. European Commission President Ursula von der Leyen emphasized the importance of the Single Market, stating it is one of Europe's greatest assets. Roberta Metsola, President of the European Parliament, highlighted the progress in cutting red tape and deepening integration, while Micheál Martin, Taoiseach of Ireland, reported strong advancements under the Irish Presidency in enhancing European competitiveness.

The EU leaders also convened at the Tripartite Social Summit in Brussels, where they discussed reinforcing the Multiannual Financial Framework to support quality jobs and a competitive business environment. Ursula von der Leyen underscored the link between competitiveness and social fairness, stressing the need for affordable energy and quality jobs.

The EU's commitment to the 'One Europe, One Market' agenda aims to translate economic progress into benefits for citizens, workers, and businesses, ensuring that a strong economy and fair society progress hand in hand.

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