Brussels, 19 August 2024

Unlocking Growth: Overcoming Barriers to the Single Market for Services in the EU

 

Union of Entrepreneurs and Employers (ZPP) & European Enterprise Alliance, present our position regarding the limitations on the EU Single Market’s for services. The progress of services liberalization within the EU has lagged. Unlike the well-developed Single Market for goods, the services sector remains underdeveloped, resulting in slower economic growth, lower employment rates, and diminished competitiveness. The 2023 Annual Single Market Report highlights that trade integration in services was just 3% in 1993, increasing to only 6% by 2021, illustrating a stagnation in market integration. The Union of Entrepreneurs and Employers (ZPP) & the European Enterprise Alliance, reaffirms our commitment to fostering economic cooperation within the EU. As we navigate current challenges, we strongly advocate for addressing the significant limitations on the freedom of services

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