The International Monetary Fund published a podcast episode featuring Enrico Letta on how Europe could adapt its single market to meet contemporary geopolitical and economic challenges. The discussion frames the single market as a product of the early 1990s and highlights member states’ reluctance to pool sovereignty at the level needed for deeper integration. Letta, President of the Jacques Delors Institute and dean of the IE School of Politics, Economics and Global Affairs, draws on his 2024 report Much More than a Market. The episode argues that modernising the single market should extend across all sectors rather than a limited subset, and that fragmentation is constraining Europe’s economic potential.