DISCUSSION PAPER EUROPE’S POLITICAL ECONOMY PROGRAMME - Towards a Competitive Edge:

For that, the RSB should be more independent and receive more resources to hold the Commission accountable, the Council and the Parliament should MAKE THE REINFORCEMENT OF THE SINGLE perform their own impact assessments for amendments, MARKET A TOP PRIORITY businesses should be earlier and more rigorously included in the legislative process and better use should Recommendation 9: The next Commissi. [...] Recommendation 12: The Temporary Crisis and Recommendation 15: The EU must be ready to offer Transition Frameworks for state aid should be gradually benefits and assistance particularly to countries in the phased out to protect the Single Market from distortive Global South for the adoption of its standards and to subsidies. [...] the great amount of fast-track legislation in the past In significant regulatory files, both the European few years, such as the Fit for 55 package, the Net-Zero Parliament and the Council have been processing Industry Act, the reform of the Electricity Market Design, amendments very quickly, which then are not sufficiently the Critical Raw Materials Act, and the Data Act. [...] But a example has not led to heightened due diligence on the lack of central governance and transparency and purely part of foreign suppliers, demonstrating the limits of the national funding, has led to large member states and their Brussels effect with respect to ESG standards.66 champions profit disproportionately from such initiatives at the expense of the Single Market and European wide At th. [...] At the same time, the costs of the transitions are playing The climate crisis, the shift to new technologies and the into the hands of Eurosceptic forces in the run-up to the emergence of a more fragmented and confrontational European election.