In today's episode of Today in the EU, we decrypt the core messages of the 147-page long report by former Italian prime minister Enrico Letta that all EU institutions have been waiting for. Letta's analysis of the EU's single market was commissioned by the European Council a year ago.

The document offers some answers to the unprecedented challenges facing the European Union: the energy crisis prompted by the war in Ukraine, the aftermath of an historic surge in prices, and increased competition from China and the United States.

To find out what impact Letta’s report could have on the EU's economic future, we analysed its overarching gist with Anna Brunetti, Euractiv’s economy editor.