New study: A Single Market for services plays a key role for EU welfare and prosperity

New study: A Single Market for services plays a key role for EU welfare and prosperity

November 29, 2018

Services are increasingly important for overall EU competitiveness. They account for an increasing share of the EU economy and they form an integral part of the Digital Economy and innovation.

From a business perspective, the reality of the Single Market for services falls short of expectations. The Single Market has on average reduced trade costs by 20 per cent for goods but only 7 per cent for services.

This calls for a Single Market. Not one Single Market for goods, another for services and a third for digital activities.

Today, Managing Partner, Martin H. Thelle, presents the results from this study of the Single Market for services at the Irish Representation in Brussels. The study points to six concrete areas where improvements to the Single Market for services can be made.

Learn more about the study

For further information, please contact Eva Rytter Sunesen