| Author (Person) | Booth, Stephen |
|---|---|
| Publisher | Open Europe |
| Publication Date | May 2013 |
| ISBN | 978-1-907668-40-1 |
| Content Type | Report |
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Open Europe published a new report in May 2013 showing that fully implementing the EU’s existing Services Directive and further liberalising EU services markets would produce a permanent increase to EU-wide GDP of up to 2.3% or €294bn. The report argues that, in order to break the political deadlock currently holding back an ambitious EU Services Directive, now is the time for a smaller group of countries to use a quirk under EU law – the so-called ‘enhanced cooperation’ procedure – to remove barriers to cross-border services trade amongst themselves. This could still provide a permanent boost to the EU economy of over 1% of GDP, or more, depending on which countries sign up. |
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| Source Link | http://www.openeurope.org.uk/Content/Documents/Pdfs/kickstartinggrowthEUservices.pdf |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
