A Bolder European Union: Today’s challenges in the spirit of the 1985 Milan European Council

The IEP@BU annual event uses the historical lens of the 1985 European Council meeting in Milan to look at Europe’s future

🗓️ Wednesday, June 11, 2025
⏰ 16:00 – 18:00
📍 Castello Sforzesco – Sala della Balla, Piazza Castello, Milano

PLEASE, REGISTER HERE

June 1985. In Milan, the leaders of the ten European Community member states gathered for a summit that changed the course of integration. After years of stagnation, the goal was bold: complete the Single Market by 1992. But unity was not guaranteed.

British Prime Minister Margaret Thatcher opposed any shift away from national vetoes. She defended unanimity—the rule that gave each country a final say.

Italy, holding the presidency, chose to lead. Prime Minister Bettino Craxi broke with tradition and called a vote—something unprecedented in the European Council, which usually operated by consensus. The question: Should Europe launch an intergovernmental conference to revise its treaties?

The result made history: seven countries voted yes, three countries— the UK, Denmark and Greece —voted no. For the first time, Europe moved forward without unanimity. Thatcher stood isolated. Thanks to Italy’s leadership, the path to the Single European Act was now open—the first major treaty reform since Rome, and the legal foundation of the European Union as we know it today.

Signed in 1986, the Act extended majority voting, empowered the European Parliament, and made the Single Market a reality. The Milan decision proved that Europe could overcome paralysis when Member States show political initiative and embrace institutional creativity.

Today, the European Union has 27 member states. In many policy areas, majority voting allows them to act in concert. Yet, in key policy areas, like foreign and security policy or taxation, the unanimity requirement remains.

Milan 1985 reminds us that when Italy exercises leadership with clarity and ambition, it can substantially help Europe to move forward. Even in a Union nearly three times bigger than 40 years ago.

A few months before the Milan meeting, in January 1985, the newly appointed European Commission, chaired by Jacques Delors, started working to guide the European Economic Community (EEC) out of the crises of the previous decade and advance the European project.

The agenda of full internal market integration received unanimous approval from member state governments. Facilitating the free movement of goods, services, capital, and people across member state borders within the EEC was considered a solution to the region’s economic and social challenges, aiming to boost growth, competitiveness, and employment and reaffirm the legitimacy of the Community.

While the White Paper and the Single European Act provided a framework for market integration, policymakers acknowledged that achieving the Single Market and its objectives required firms to engage in activity across EEC member states.

Following the Milan Council in 1985, a key goal of the Commission was to encourage business leaders and entrepreneurs to seize Europe's opportunities and offer guidance on navigating the challenges and opportunities of the Single Market.

The primary targets for these efforts, especially during the mid and late 1980s, were big European companies, multinational corporations already doing business in multiple EEC member states and poised for further expansion in the Community.

1985 was indeed a year that made the history of the European integration process

SPEAKERS

Francesco BILLARI Rector, Bocconi University

Marta CARTABIA Full Professor of Italian and European Constitutional Law, Bocconi University

Catherine DE VRIES President, IEP@BU

Sylvie GOULARD Vice President, IEP@BU

Enrico LETTA Dean, IE School of Politics, Economics & Global Affairs

Mario MONTI Honorary President, IEP@BU

Teresa RIBERA Executive Vice President of the European Commission

Giuseppe SALA Mayor of Milano

CHAIR |

Stefano FELTRI Communication Advisor, IEP@BU

🗓️ Wednesday, June 11, 2025
⏰ 16:00 – 18:00
📍 Castello Sforzesco – Sala della Balla, Piazza Castello, Milano

PLEASE, REGISTER HERE

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The IEP@BU Mission

Founded by Bocconi University and Institute Javotte Bocconi, the Institute for European Policymaking @ Bocconi University combines the analytic rigor of a research institute, the policy impact of a think tank, and the facts-based effort of raising public opinion’s awareness about Europe through outreach activities. The Institute, fully interdisciplinary, intends to address the multi-fold obstacles that usually stand between the design of appropriate policies and their adoption, with particular attention to consensus building and effective enforcement.

The Institute’s mission is to conduct, debate, and disseminate high-quality research on the major policy issues facing Europe, and the EU in particular, its Member States and its citizens, in a rapidly changing world.

It is independent of any business or political influence.

The IEP@BU Management Council

• Catherine De Vries, IEP@BU President

• Daniel Gros, IEP@BU Director

• Sylvie Goulard, IEP@BU vice-President, Professor of Practice in Global Affairs at SDA Bocconi School of Management

• Silvia Colombo, IEP@BU Deputy Director

• Carlo Altomonte, Associate Professor at Bocconi University and Associate Dean for Stakeholder Engagement Programs at SDA Bocconi School of Management

• Arnstein Assve, Professor in Demography at Bocconi University

• Valentina Bosetti, professor of Environmental and Climate Change Economics at Bocconi University

• Elena Carletti, Dean for Research and Professor of Finance at Bocconi University

• Eleanor Spaventa, Professor of European Union Law at Bocconi Law School