EU Leaders Call for Overhaul of Single Market to Prioritize Quality of Life over Pure Economics
• The EU single market is outdated, not meeting citizens' needs regarding social & environmental issues • Its focus has been too much on markets and prices rather than quality goods, working conditions, etc.
• It needs a shift in focus towards quality over price and environmental sustainability
• Its governance should move beyond GDP to more holistic wellbeing indicators
• A new “coalition of the willing” is needed to develop a vision and pact for a socially and environmentally sustainable single market