Journal of
Italian
Banking
Association


year 100
 

Archive » September 2025 » Relaunching Europe through the Single Market. From Delors to present challenges

Relaunching Europe through the Single Market. From Delors to present challenges

Simone Oggionni
September 2025 - n. 9
Keywords: Mercato unico europeo, integrazione politicoeconomica, Libro Bianco di Lord Cockfield
Jel codes: D40, F40, B40

Forty years after Lord Cockfield's White Paper, this article revisits the pivotal role of the completion of the Single Market in reviving the European project according to Delors vision. It also analyzes its developments, transformations, and limitations. From its origins in the aftermath of the 1970s crisis, through to the reshaping of European economic governance, the structural tension between competition and industrial policy is brought to the fore. Present challenge is twofold: to complete the Single Market in its still fragmented areas (taxation, services, finance) and to rethink it as a strategic lever for a new season of sustainable, coordinated and transition-oriented European industrial policies.

Interested in this paper?
Buy the issue