Some steps have already been taken towards a true single market for the digital economy, but we are not there yet. Continuing to the end would provide a major boost to European competitiveness. It is therefore more than worth the effort.
Ladies and gentlemen, the field of policy which has seen the most far-reaching centralisation in Europe is clearly the field of monetary policy, at least for the 18 member states of the euro area. But the mutualisation of monetary policy is not only an issue for the euro-area member states but for all European countries.