| Author (Corporate) | European Commission: DG Internal Market and Services |
|---|---|
| Series Title | Single Market News |
| Series Details | No.61 (No.3, 2011) |
| Publication Date | July 2011 |
| ISSN | 1830-5210 |
| Content Type | Journal | Series | Blog |
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One of the 12 key actions to boost the single market in European Commissioner Barnier’s Single Market Act concerns promoting social business. As the internal market is based on a “highly competitive social market economy”, the Commission considers the time has come to include actions that will gear towards a more inclusive, socially fairer and a more environmentally sustainable growth. At a time when Europe sees an increase in new business models that allow societal concerns to take precedence over the objective of financial profit, the Commission is taking steps to create a more conducive environment for social entrepreneurship. |
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| Source Link | http://ec.europa.eu/internal_market/smn/smn61/index_en.htm |
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| Countries / Regions | Europe |
