The European Commission estimates that a digital single market would create an additional 3.8 million jobs in Europe and increase EU-28 GDP by 4%. Neither the euro-area member states nor the other European countries are in any economic condition to brush aside such a positive impact on their economies. 3.
Reform of European monetary union Implementing economic reforms at the national or European level as a way of strengthening the euro area and restoring trust in the agreed rules of European monetary union (EMU) is also important to improve the cohesion in the euro area, which has undoubtedly suffered from the financial and sovereign debt crises.