{
  "id": 2955403,
  "title": "Piero Cipollone: Interview with ilsussidiario.net",
  "url": "https://urgent.news/2026/08/24/piero-cipollone-interview-with-ilsussidiario-net",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T06:00:00.000Z",
  "source": {
    "name": "ECB Press",
    "slug": "ecb-press",
    "url": "https://www.ecb.europa.eu//press/inter/date/2026/html/ecb.in260824~fa5acbddea.en.html"
  },
  "original_language": "en",
  "account": "European firms face renewed challenges due to external shocks. To bolster these firms, the largest advantage they possess—the extensive European Single Market—must be maximized. This can be achieved by expanding business operations, leading to economies of scale and reduced production costs, especially in sectors like IT, finance, and automotive manufacturing. However, despite this advantage, firms struggle to fully utilize it due to restrictions on the free movement of goods and services within the Single Market. These barriers hinder expansion and efficiency, preventing the EU from competing with other global powers. Therefore, the first step is to eliminate these internal restrictions. Only after this can firms exploit the market's potential by reducing cross-border expansion barriers, allowing champions to emerge capable of producing on a large scale, preparing them for international competition.",
  "summary": null,
  "key_points": [
    "European firms face renewed challenges due to external shocks.",
    "Single Market advantage can be maximized by expanding operations.",
    "Eliminating internal restrictions is crucial for EU competition."
  ],
  "editors_take": "Maximizing the European Single Market's potential is crucial for bolstering European firms against external shocks, requiring elimination of internal restrictions on the free movement of goods and services.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}