29.03.2011

SINGLE MARKET ACT: BUILDING A HIGHLY COMPETITIVE SOCIAL MARKET ECONOMY

Europe must take active and immediate action to increase jobs and prosperity after the financial crisis. That is why the European Commission adopted the Single Market Act - a series of measures to support the European economy and create jobs.

From 1992 to today, the single market has brought enormous benefits and created many new opportunities. But the free movement of goods, services, capital and people does not always run smoothly. In some areas, a truly single European market does not exist. Certain laws are missing, and administrative obstacles and weak enforcement of the rules prevent the full exploitation of opportunities.

In order to accelerate economic growth, a significant increase in confidence in the single market is needed. Europe needs to act harder and with more conviction to show that the single market leads to social progress and can benefit consumers, working people and small businesses.

Commissioner Michel Barnier and the European Commission consider the Single Market Act a top political priority and will work with national governments, the European Parliament and civil society to ensure action is implemented by the end of 2012 - the tenth anniversary of the 1992 programme. for the single market.

The Single Market Act was adopted by the European Commission on 27 October 2010. It consists of 50 policy initiatives proposed for public debate over four months until 28 February 2011. After the debate is over, the Commission will propose a final version to the other institutions of the Act with which they will be able to engage.

In connection with this, the Ministry of Economy, Energy and Tourism calls on the members of KRIB to participate in the public consultation organized by the EC, information about which can be found at the following Internet address: http://ec.europa.eu/internal_market/consultations/2010/smact_bg.htm

The Single Market Act can be found at the following internet address:

http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2010:0608:FIN:BG:PDF