Where: Brussels, Belgium
Topic: Economy, finance, tax and competition
Organiser: European Commission
On 3 October the European Commission will present the Single Market Act II: Together for new growth outlining new steps to deepen the Single Market in the service of growth, employment and cohesion.
The Commission has identified 12 priorities to boost growth, employment and social cohesion in the Single Market, under four main drivers:
- Developing fully integrated networks in the Single Market
- Fostering mobility of citizens and businesses across borders
- Supporting the digital economy across Europe
- Strengthening social entrepreneurship, social cohesion, and consumer confidence/non-discrimination.
The Commission is committed to delivering all key legislative proposals by spring 2013 and all non-legislative actions by the end of 2013 at the latest.
Thanks to the European Single Market, EU citizens can live, work, retire, study and shop in any EU country. EU businesses are free to sell their goods and services to 500 million consumers anywhere in the EU. This freedom means more choice and lower prices for consumers, more opportunities for businesses and more growth and jobs.
The Single Market is a main contributor to growth and employment in the EU. From 1992 to 2008 it generated an extra 2.77 million jobs and an additional 2.13% in GDP. Despite these benefits, the Single Market is not complete. It must respond to a constantly changing world where social, demographic and technological developments must be incorporated in policy thinking for the Single Market to continue to deliver growth, jobs and social cohesion.
On 13 April 2011, the European Commission presented the Single Market Act (IP/11/469) that outlined the Commission's commitment for re-launching the Single Market. The Communication included a list of key priority initiatives needed to unlock the Single Market's potential for European growth and to restore the confidence of the citizens and businesses in its benefits, as a key pillar under the EU 2020 Strategy. The Commission has presented the proposals for all 12 key actions.
12:30 Press conference by Commissioner Barnier at the Berlaymont press room in Brussels
11:30 Technical briefing off-the-record at the Berlaymont press room in Brussels
Press release and MEMO available on the day