Jacques Delors underlines that the Single Market is the cornerstone of European construction and reminds that in history, economic projects have often taken priority over more political projects. According to him, consolidation of the Economic and Monetary Union requires a large political and institutional reform.

These are two key messages of this tribune based on his speech at a conference recently organised in Paris by the European Commission and the French Ministry for Economic Regeneration, in partnership with Notre Europe – Jacques Delors Institute, on the occasion of the 20th anniversary of the Single Market.