Home Economy The challenges of the European Union in the coming years

The challenges of the European Union in the coming years

An analysis of the issues to be addressed for a stronger and more cohesive Europe

Paolo Longobardi honorary president of Unimpresa
Paolo Longobardi honorary president of Unimpresa

“ The European Parliament elections of 8-9 June marked a crucial turning point. Aside from the turnout, which was undoubtedly still not satisfactory, the latest vote demonstrated, especially in Italy, a renewed interest among citizens in European issues. The results painted a complex picture, with a clear affirmation of pro-European forces and a worrying strengthening of Eurosceptic movements. This fragmented political scenario underlines the urgency of addressing the challenges facing the European Union in the coming years, to ensure stability, growth and cohesion among member states. “

This is what we read in a post by the Honorary President of Unimpresa, Paolo Longobardi , published on the institutional website of Unimpresa.


The need for a common fiscal policy

“ The absence of a common fiscal policy represents one of the main critical issues for the European Union. The current disparities between Member States create an uneven and often unfair competitive environment. It is essential to develop a harmonized tax framework that eliminates internal market distortions and promotes sustainable economic growth. The realization of a common fiscal policy requires strong political will and the ability to mediate between divergent national interests. Only in this way will it be possible to strengthen European integration and guarantee fair competition. “

The harmonization of corporate and labor regulations

“ Another crucial challenge concerns the elimination of regulatory disparities in the corporate and labor fields. Regulatory differences between Member States create complexity for companies operating transnationally and hinder labor mobility within the EU. It is essential to harmonize company laws and labor regulations to create a more efficient and dynamic single market. This involves standardizing rules and ensuring fair rights for workers in all member countries, while promoting the flexibility and competitiveness of businesses. “

The reform of the Stability and Growth Pact

“ The Stability and Growth Pact, with its strict budgetary constraints, has often represented an obstacle for Member States, especially in times of economic crisis. It is imperative to reform this pact, introducing less oppressive budget constraints that allow states to adopt more flexible fiscal policies that are adaptable to their specific economic needs. The reform of the Stability Pact must aim for a balance between the need to maintain fiscal discipline and the possibility for States to make strategic investments, especially in crucial sectors such as technological innovation, infrastructure and education. Only in this way will it be possible to guarantee sustainable and inclusive economic growth for the entire European Union. “

Support for small and medium-sized businesses

“ Small and medium-sized enterprises represent the beating heart of the European economy. In Italy, as in many other member countries, SMEs constitute the backbone of the productive fabric, generating employment and innovation. It is essential that the EU pays great attention to these realities, through support policies and programs that facilitate their growth and competitiveness. This includes simplifying access to finance, reducing bureaucracy and promoting a favorable business environment. Furthermore, it is essential to encourage the digitalisation and internationalization of SMEs, allowing them to compete on a global scale and fully exploit the opportunities offered by the European single market. “


“ The challenges that the European Union will have to face in the coming years are multiple and complex. The creation of a common fiscal policy, the elimination of regulatory disparities, the reform of the Stability and Growth Pact and attention to small and medium-sized enterprises are just some of the crucial issues that require a decisive and concerted commitment on the part of all European institutions. Unimpresa, representing the Italian entrepreneurial fabric, hopes that these challenges will be faced with determination and foresight, to build a stronger, more cohesive and prosperous Europe. The future of the European Union depends on the ability to respond effectively to these challenges and to promote an inclusive and sustainable development model for all its citizens. ” concludes Longobardi.



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