As a consequence, the goals that member states pursue through the CMU can diverge widely. In the new action plan, the European Commission has already brought more focus in the debate by separating initiatives on for instance digitalization. The next step would be to further flesh out the measures that should be prioritized in order to bring the CMU ahead.
I am optimistic that the Commission together with the member states will succeed in doing this in the next months. Second, we need to focus on further harmonization of market practices, rules and regulations. Divergence between national frameworks in the EU is often the most cited barrier to cross-border investments.