BusinessEurope Chief Urges Single Market Delivery, Citing Billions in Losses and 50% Untapped Potential
Updated
Updated · IndexBox, Inc. · Jul 13
BusinessEurope Chief Urges Single Market Delivery, Citing Billions in Losses and 50% Untapped Potential
2 articles · Updated · IndexBox, Inc. · Jul 13
Summary
Maciej Witucki said Europe must quickly implement the single-market plans already in the pipeline, warning that without visible progress the bloc’s political stability will suffer.
Billions of euros are being lost because cross-border barriers still fragment Europe’s market, he said, arguing only a fully functioning single market can let the EU compete with other global superpowers.
Energy sits at the top of his agenda as geopolitics accelerates the shift away from oil and gas, with Witucki arguing Europe must balance decarbonisation with keeping industry, tax revenues and jobs.
Europe already has the talent, capital and universities to build globally competitive companies, he said, but still needs banking-union, investment and savings reforms to harness that potential.
Pointing to Poland’s economy—up about 3% in 2024 after more than doubling GDP over a decade—Witucki cited deregulation, including 160 bills passed in months, as a model for faster European reform.
With Poland as a model, can EU-wide deregulation truly coexist with unified European social and climate standards?
Beyond a 'starship' vision, what concrete barriers must fall for Europe’s forty-year-old single market to finally unify?
Can Europe win the clean tech race against China without mirroring Beijing's protectionist trade policies?
Unlocking €1.4 Trillion: Completing the European Single Market for Global Competitiveness by 2030
Overview
As of July 2026, BusinessEurope Chief Maciej Witucki has urgently called for the full realization of the European Single Market, stressing that only a unified Europe can compete with global superpowers. Although the idea of a single market began in the 1980s, it remains incomplete, limiting Europe’s economic potential and global competitiveness. Witucki describes a fully integrated market as an 'enormous unleashed potential' that is currently held back by persistent internal barriers. Completing the Single Market is seen as a strategic necessity for the EU’s resilience, future growth, and prosperity.