The EU27 continues to focus on jobs, growth and investment by strengthening the single market and by stepping up investment in digital, transport and energy infrastructure.
There is incremental progress on improving the functioning of the single currency in order to drive growth and prevent shocks starting at home or abroad. Further steps are taken to strengthen financial supervision, to ensure the sustainability of public finances and to develop capital markets to finance the real economy.
The Commission’s reform of State aid law ensures that 90% of all State aid measures are in the hands of national, regional and local authorities.
The fight against terrorism is stepped up in line with the willingness of national authorities to share intelligence. Defence cooperation is deepened in terms of research, industry and joint procurement. Member States decide to pool some military capabilities and to enhance financial solidarity for EU missions abroad.
On foreign policy, progress is made on speaking with one voice. The EU27 actively pursues trade agreements with partners from around the world, in the same way as it does today. Management of external borders is the primary responsibility of individual countries, but cooperation is reinforced thanks to the operational support of the European Border and Coast Guard. Continuous improvement to border management is needed to keep up with new challenges. If this is not done, some countries may wish to maintain targeted internal controls.
The EU27 manages to positively shape the global agenda in a number of fields such as climate, financial stability and sustainable development.