TABLE OF CONTENTS
Overview
Foreword
Introduction

Europe: A Still Enviable lifestyle
The Role of European integration in This Overall Success
The Contribution of European integration to This Overall Suceess: A Few Figures
Comparative Cost of the EU and Aid to Developing Countries'
European integration: An Archimedean Lever for all Member States
Europe s Contribution Underestimated of Even Denied
A Success That Respects Diversity at the Same Time
A Balance Sheet in Jeopardy?
A Key Indicator: Labour Productivity
Work Productivitv: An Essential Parameter for Quality of Life too
Social and Societal Ills
Europe: Heading for a Better Place

TITLE I EUROPE AND PROSPERITY
Europe and the horns of plenty

Chapter 1 Completing the Single Market
Introduction: A Large Single Market. Remarkably Compact and... Under-Exploited

1. A Single Market
General Benefits
Benefits for Consumers
Other Benefits for Businesses
Internal Market and External Dimension
Europe and Direct Investment in the rest of the World
Direct lnvestment in the EU
Demonstrating the benefits of the Single Market Through the Absurd: The United Kingdom After Brexit

2. A Large Market...in a Small Area

3. A Large Market that Is Clearly Under-Efficient

4. A Large Market that Is Increasingly Under-Efficient
A Weak Single Market in Services
Protectionism has the Wind in its Sails

A. A Single Market to Be Completed and Liberalised
1. Towards A Barrier-Free Playing field particularly for SMFs: Mutual Recognition of Goods and Services Current Situation
In Favour of a Genuine General Principle of mutual Recognition
No Restrictions Without Prior Authorisation from the European Commission
lmmediate Gains in Economics Dynamism
A Playground Finally Open to SMEs
Medium-Term Gains (i): More Self Financing
Medium-Term Gains (i): More Investment in R&D&I
Possible Accompaning Measures for Mutual Recognition
Completing the Single Market Is vital for the European Social Democratic Model

2. A Large Playing Field Where the Rules Are Better Respected
Towards a more Effective Crackdown on Protectionist Measures
Need for a Change of Mindsed Mainly on the Part of Member States

3. For a Great Playground, Not a Morgue: Towards a Recalibration Of European Regulations

4. Towards a Positive Dynamic with Unsuspected Cascade Potential

5. A Great Playground Despite Linguistic Diversity
Beyond solutions, Potential

B. A Single Market to Be Strengthened and Improved
Over the Long Term: Six Priorities
How Can the Dynamic proposed above be consolidated and Sustained?

1. A Framework Conducive to R&D&l
But Where are the European products and Services of Tomorrow?
A Persistent Lack of R&D&I
The Crucial Importance of Completing the Internal Market For Scientific and Technological Progress
Aggravating Factors
A few areas for Improvement
(i) Facilitating the Filing of Patents
(ii) More Funding
The Financial System in General?
Towards a Framework That Encourages Private Investment?
More Public Funding
More State Aid and Other National Public Funding?
More European Public Funding?
Public Seed Funding a Lever for Private lnvestment
(iii) Research, Entrepreneurship and Market Interaction
Towards a Genuine European Research Arca (ERA)
(v) Promoting Science and Technology Courses
(vi) Miscellaneous

2. A Dynamic, Eco-Responsible Industrial Policy That Respect Competition Law and Is Well-Informed
Benefits of Reindustrialisation
EU Industrial Policy ResponsabiIities
A New Strategy
Reindustrialisation and Eco-Responsability
Industrial Policy and Competition Law
Dynamic Yes but with Discernment

3. A Safer More Efficient and More Complete European Financial System

Part One. the Benefits of a Strong Financial System for Europe
(i) Finance: A Second Engine for the Real Economy
(ii) The Financial System: The Equivalente of an Export Sector
(III)The Euro: A Potential Additional Driving Force
(iv) Finance: the Technological Revolution and Other Challenges Of Our Time..
(v) Finance: A Relatively Clean Sector

Part two: Weaknesses in the Policy Pursued Since the Financial Crisis
(i) A Cancer that has not been Eradicated: Bad Bank Debt
(ii) lncreasingly Burdensome, Destructive and Ineffective Regulation in lts Place

Part Three: Some suggestions
(i) For a More Targeted Approach
(ii) Let Us Rehabilitate Financial Innovation and Invest In Financial Education
(iii) For a Structural Modern Supply-Side Policy
(iv) Towards More Market Finance? An III-Considered Debate - towards a Multipolar European Financial Sector
(v) For a More Aware Europe That Looks After Its Own Interests

4. Worker Mobility and the Development of Human Capital Mobilitv
(i) An Asset Against Unemployment - The Prospect Of a Better Life
(ii) Mobility: A Freedom That Is Insufficiently Used
(iii) Mechanisms to Promote Personal Mobility
(iv) Suggestions for Other Mobility Incentives
(v) Freedom of Movement and Solidarity Human development
(i) EU responsibilities in Employment, Education and Training
(ii) Towards Better Support for Workers Wanting to Start A Family?
(iii) Music, Images and Languages
(iv) Towards a Reorganisation of Education Systems?

5. Transport
Transport Networks and Prosperity
European Deficiencies
Investments to Be Planned and carried Out
Environmental Dimension
More Balanced and Complementary modes of Transport
(i) In land waterway Transport
(ii) Rail Motorways and Combined transport
(iii) What About Road and Air Transport?
Complementary and alternative measures

6. Energy
Issues
Energy Self-Sufficiency
Diversification of supply
The Place and Role of Nuclear Power?
Security of Suppy and Whether or Not Energy Sources can be controlled
For a Principle of Neutrality
Cost of energy
European Achievements in Renewable Energy and Energy efficiency
R&D&l and energy
Another Key Index: The Energy intensity Rate
Energy Intensity and Efficiency: A Shared Responsibility

C. Preferred Method: A Structural or Modern Supply-Side Policy and a Systematic Search for Added Value

1. Working on the So-CalIed Missing Factors: A Structural or Modern Supply-Side Policy
Structural or modern Supppy policy: Avoiding Confusion
The EU Ability to Pursue a Structural, modern Supply-Side Policy

2. Any European Initiative Must Deliver Significant Added Value
Toward More Stringent monitoring of Compliance with the Principle of Subsidiarity

3. The Principle of an Open Market Economy With Free competition
In Favour of a more Binding Principle of Respect for an Open Market Economy
Yes to a Leve Playing Field, not to a European Level Dying Field

4. Towards a Virtuous triangle of the Eco-Responsible Social Market Economy
A Twelfth Dunk whose neck needs wringing: The Race To the Bottom
For a clever welt tempered Approach
Towards a Fair Share of the fruits of new Regulation

5. A Major Asset for European Societ: Standards
Some examples of European Standards
Standards Implications for European legislators

6. Towards self limitation and More Evaluation
A Concise Legal Framework
Towards Independent Impact assessments

7. Conclusion: Towards a Structural Modern Suppy Policy for the Internal Market
What Gains in GDP can be Expected From the above Proposals?

D. Afterword: Two Pillars to Maintain the Common Commercial and Competition Policies

1. Common Commercial Policy

2. The Contribution of European Competition Law
The Role and Added válue of antitrust Law and merger Control
A PoIicy work Reviewing

Chapter 2 Prosperity and the Public Sector

A. Sound Public Finances and Budgetary Responsibility
Pillar of European Integration
A Discipline That Respects National Diversity
Perception of budgetary Discipline in the member States
Healthy Public Finances: An Asset or a weakness for Europe?
The Maastricht criteria: not all That Ineffective
Towards a Change in European budgetary Rides
European integration, fiscal Responsibility and solidarity mechanisms

B. Fiscal Governance and Macroeconornic Surveillance

1.The European Semester
Other Topics examined
The European Semester a Potential Goldmine
(i) Budget Preparation Procedure
(ii) Composition of Budgets
(iii) Managing Member States Public Debt
(iv) Extending the Areas Covered

2. Multilateral Surveillance
Are we moving Towards an extension of Surveillance to include Major Economic Societal and enviromentaI Balances?

C. ECB Monetary Policy
Underlying Principles
Temperaments and Trends Since 2008
Risks and Challenges

D. The European Recovery Plan
Assessment

E. Control of State Aid and SGEIs: An Incentive to Better Design
Public Initiatives
Why is State aid Banned in Principle?
The Discipline of state aid Control
Towards an improvement in State aid Iaw
Services an General economic interest SGEIs
(i) Notion
(ii) SGEI and Respect for National Diversity
(iii) The SGEI Matrix
(iv) Towards an Improvement in the SGEI Discipline?

F. An Economic Policy That Respects an Open Market Economy With Free Competition
Presentation
Pretential of the principle
So What are the best Interventions?
Open economy and public economic action
Foresight: The Link Between the Principle of an Open Market
Economy and PubIic Economic Intervention
(i) Public initiative, Enhancing Economic Market Activity
(ii) No Premature or Excessive Public intervernion
(iii) Typology of Combinations Between Private and PubIic Initiatives
(iv) The Principle of the Open Economy and Technological Change
(v) The Potential for Promoting Efficient Resource Allocation
Conclusions and Costing of Gains From the Public Sector Union Project

TITLE II DEVELOPMENT AND SOLIDARITY

Chapter 1 Economic, Social and Territorial Cohesion Policy

A. Cohesion Policy Throung the Structural Fund
The Structural Funds
An Assessment of the Work of the Structural Funds
(i) Positive Elements
(ii) Impairments
(iii) Suggestions

B. The Work of the European Investment Bank (EEBC)

C. The European lnvestment Fund (EIF)

D. The Juncker Plan, InvestEU, the EIB and the EIF
Towards a Strenghening of the EU Financial Action Rather Than Its Budgetary capacity?

E. The Potential of Economic, Social and Territorial Cohesion
Policy
Towards a More Structured Europe?
Towards Greater Coordination between member states
Towards Strengthening Each member states

F. Conclusion

Chapter 2 Social Europe, Social Justice, Social Democracy
Why Is There So Much Social Disillusionment With, and Even Distrust of Europe?
Europe Social Responsibility
Solutions?
A Structural, modern and Comprehensive Supply Policy?
Towards more Proactive, Even more invasive and Authoritarian measures?
(i) Towards the introduction of a Minimum Hourly Wage?
(ii) Towards a Compensatory Allowance for Low-Productivity workers?
(iii) Social Responsibility of Companies and Public Authorities?
(iv) A Tax on Wealth?
(v) Shareholder of bondholder in the EU Company?
(vi) Social Mobility
(vii) Birth Rate and Family Policy

TITLE III EUROPE AND ECO-RESPONSIBILITY

Chapter 1 Protection of the Environmenl - combating Climate Warrning
Review of european action
But now it is time to Shift lnto Overdrive
(i) One Priority: Technical Progress
(ii) For a Global, Systematic and Graduated Approach
(iii) A Pragmatic, Eclectic and Holistic Approach
(iv) Towards a Carbon Tax?
(v) General Mobilisation
For a Resource Management Socitey

Chapter 2 The Common Agricultural Policy (CAP)
CAP: An Engine That Is Rapidly Overpowered or Even Oversized
From the Outset
The CAP: Some Perplexing findings
Some Areas for improvement?

TITLE IV EUROPE, GREATER FREEDOMS AND DEMOCRACY
Chapter 1 Europe, a Tool to Protect Values, the Rule of Law and Freedoms
Europe, The Protection of minorities and the Cohabitation Of Communities
Europe and Democracy
Europe, the Rule of Law, and Freedoms
Europe: A Counterweight, a Force for moderation and Questioning
Towards Additional Contributions to Freedom and Democracy
Chapter 2 Where is the European Political Society (at)?
A European Polítical Society Is still missing
Causes of the Absence of a European Political Society
Towards Better Identification of the Respective roles of the member States and the European union
Some proposals for the Emergence of a European Political Society

TITLE V EUROPE AND ITS NEIGHBOURS: GENEROSITY, STABILITY AND SECURITY

Chapter 1 Development and Migration Policies

A. Developrnent Aid Policy

B. Migration Policy

Chapter 2 Defence Policy
Conclusions
Europe: A Gentle way of life
Threatened
A Sign of Our Loss of Speed: Productivity at half Mast
A Gentle way of life can Nevertheless Be Saved and Strengthened

A. A Major Asset to Be Exploited to the Full: The Domestic Market
Towards Generalised Mutual Recognitiion of goods and Services
SMEs in all Member States, Get Up!
For a Minimum Organisational Base Common to all companies
More Public Education on the Single Market
Towards a Recalibration and Moderation of the EU Standard-Setiing Activity
Other Urgent Measures
At the Same Time, a Supportive framework
(i) R&D&I Efforts
Technical Progress Is Vital for Europe
For a Substantial Reduction in the Cost of Patents
More Incentives to Innovate
Towards More lnvestment in R&D&I
Other Measures to Promote Research
(ii) Reindustrialising Europe
No turning Back (i): Eco-Responsible Reindustrialisation
No turning Back (ii): An Industrial Policy That Respect Market Economy Where Competition is Free And innovative
(iii) A Financial Sector that Is Healthy, Liberated, Complete and Innovative All at lhe Same Time
The uncheeked Cancer of Bad Bank Debt
The unsuccessful and Poorly Adapted Attempt of Shift To Market finance
For a multipolar financial System
For an inovative Financial System and More Financial Education
(iv) People Mobility and Human Capital Mobility Initiatives
Training and human Capital Development
Towards a better Work-Life Balance
(v) Transport
(vi) Energy Policy
Preferred methods and Instruments for Establishing a Supportive framework
(i) A Structural Modern Supply Policy
(ii) A Systematic Search for Added Value
(iii) Towards a Virtuous Triangle of the Fco-Responsible Social Market Economy
(iv) Towards the Development of More Standards
An lmproved Single Market: Added Value in Figures

B. The EU: A Booster for Public Managernent
(i) Guaranteeing the Key Balances
The sustainabiIity of Public Finances
Price Stability
Monitoring macroeconomic, Social and Environmental Balances
(ii) Towards More Proactive and Effective Public Action
Beyond Balances: A Contribution to a More Proactive Approach
Beyond Balances (ii): Structural improvements in Public Managernent
Greater Respect for the Principle of a Market Economy
EU: An Opportunity to Renew Private-Public Interaction
Some Private-Public Synergies
Added Value of Financial lnstruments in the Pursuit of General lnterests
Improving Public Action in the EU: Forecast Results

C. Priority for lnvestment
Target Figures

D. For a More Inclusive Society
The Contribution of a Comprehensive Structural Policy to Social Justice
If the Structural Policy Is Inadequate, a More Proactive Approach Is needed

E. The Environmental Challenge: Fundamental but Not the Most Difficult for Europe

F. Democracy and Freedoms: Precious Assets to Be Preserved And Strengthened

G. Foreign Policy

H. The European Union

A Booster and a Lever
Targets for 2030
Appendix: Practical Recommendations