Experts calculate that 713 billion euros are at stake for the EU economy if the practice of over-regulation is ended.

Omissions

• The €713 billion is a projected cumulative benefit to be realised by the end of 2029, not an immediate, currently available sum; the MEP's phrasing ('today lies on the table') implies an immediate amount.
• The figure specifically concerns removing Member State-level regulatory barriers to the single market for goods and services, which the MEP loosely reframed as 'over-regulation'.
• The underlying figure originates from the European Parliament's 'Cost of non-Europe' study (an update around 2019/2020), so the estimate is several years old relative to the 2026 session date.

Sources

• PrimaryEUR-Lex — European Commission Communication 52020DC0093 (Single Market barriers)"A recent update of the European Parliament's 'Cost of non-Europe' study estimates that the benefits of removing the remaining barriers to a fully functioning single market for goods and services could amount to €713 billion by the end of 2029."
• PrimaryEUR-Lex — European Commission Communication 52023DC0162 (Long-term action plan for single market)"The potential benefits are very significant: it has been estimated that removing Member State-level barriers to the Single Market for goods and services alone could add EUR 713 billion to the economy by the end of 2029."
• SecondaryEuropean Parliament — Legislative Train, 'Single Market Barriers Report'"A recent update of the European Parliament's 'Cost of non-Europe' study estimates that the benefits of removing the remaining barriers to a fully functioning single market for goods and services could amount to €713 billion by the end of 2029."