Jan Farský· PPE

Unverifiable

Lack of coordination costs Europe up to €57 billion annually.

Omissions

• The type of coordination being referred to is not specified (digital, energy, defense, etc.)
• The original source of the €57 billion figure is not provided

Sources

• SecondaryEuropean Economic and Social Committee - Single market barriers reportFragmentation was costing the EU EUR 990 billion in 2019
• SecondaryBusinessEurope LinkedIn postMore than €600 billion a year cost of fragmented Single Market
• SecondaryPaperjam - Citi report on European fragmentationEuropean fragmentation costing €150bn, unified capital market could generate €150bn extra investment annually