• Register
Return to: Home > News > Standards > The European Commission adopts initiatives to enhance the EU single market

The European Commission adopts initiatives to enhance the EU single market

The European Commission (EC) has adopted three initiatives aiming at making the European Union (EU) single market work better for citizens and businesses.

The three main initiatives adopted by the EC from 2 May to improve the single market are;

  • A single digital gateway providing key administrative procedures and assistance services online. According to the EC this could help companies save € 11bn per year. In a statement the EC said the initiative will benefit those moving to or doing business in another EU country and will incentivise member states to adopt e-government strategies to offer modern and efficient public service.
  • A single market information tool will allow the EC to source defined and readily available data in targeted cases of serious difficulties with the application of EU single market legislation. This could prove valuable, for example, to collect information on suspected geo-blocking practices, to corroborate information on public tenders, or to obtain data on the pricing and underlying costs of cross-border parcel delivery. Such requests would be a measure of last resort and the information would be handled subject to strict confidentiality requirements, according to the EC.
  • A SOLVIT action plan. SOLVIT is a free service providing solutions for difficulties with public administrations, while moving or doing business cross-border in the EU. The action plan aims at making the service easily accessible and expand its data collection so that evidence from these cases can be used to improve the function of the single market.

Top Content

    The UK: uncertain waves rule Britannia

    he UK’s accountancy profession is currently in a period of much uncertainty. The Competition and Markets Authority (CMA) has released its review into the listed audit market which could cause the biggest shake-up the profession has seen in years, the Kingman Review has described the Financial Reporting Council (FRC) as not being fit for purpose and called for it to be replaced. All the while the country remains in a deadlock on Brexit negotiations.

    read more

    Views from the Eurozone

    With Brexit looming, populist governments gaining footholds in a number of countries and movements such as the Yellow Jacket protests in France, 2018 was anything but a quite year for the eurozone. Here leaders report to the IAB on their markets.

    read more

    Eastern promise and how to find it

    With China rising as a global power, Jonathan Minter spoke with ShineWing’s Zhang Ke and Marco Carlei at the World Congress of Accountants 2018 in Sydney, to discuss the cultural challenges that occur when Chinese networks look beyond their border, and the dividends available for those who overcome them.

    read more

    Spain: looking to widen demand

    As Spanish accounting professionals prepare for new audit regulations, the Paul Golden asks what they need to do individually and at firm level to maintain and increase demand for their services.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.