From News Desk

On the sidelines of the Informal meeting of Heads of State or Government in Cyprus, the President of the Republic of Cyprus as the rotating Presidency of the Council of the European Union, and the Presidents of the European Parliament and the European Commission, signed the “One Europe, One Market Roadmap”. This agreement demonstrates the resolve of the three institutions to move forward together on a clear path.

Against the backdrop of sustained geopolitical and economic volatility, this Roadmap represents a decisive step to urgently strengthen Europe’s competitiveness, with concrete actions and targets for agreements, at the latest by end 2027.

The Roadmap is both a political and operational commitment.

It includes –

• Regular stocktaking for full transparency
• Targets for legislative proposals and agreement by the co-legislators
• Quarterly review to monitor progress
• Clear institutional responsibilities for all EU institutions in line with their prerogatives

“This Roadmap marks a turning point in advancing Europe’s competitiveness agenda. Moving forward with its implementation is not merely a regulatory exercise. It is a strategic necessity to reinforce Europe’s competitiveness, resilience, and long-term prosperity, within the framework of a truly integrated Single Market and a stronger, more cohesive European Union,” said Nikos Christodoulides, President of the Republic of Cyprus as the Rotating Presidency of the Council of the European Union.

“This Roadmap reflects what the European Parliament has been calling for: a stronger, more competitive and resilient Europe. It is ambitious, it strengthens our capacity to withstand shocks, and it provides predictability to our citizens and businesses. We said we would take bold decisions and we are doing it. This is Europe responding to what it needs,” said Roberta Metsola, President of the European Parliament.

“These actions will boost Europe’s economic growth, guarantee our digital transformation, and strengthen industrial resilience. This is an absolute priority of this Commission and with this Roadmap, we have the way forward,” said Ursula von der Leyen, President of the European Commission.