Wednesday, October 3, 2012

EU Single Market Act II aims to boost competition

EU flag

The commission's Single Market Act II has four key aims.

They include fostering mobility of citizens and businesses across borders and making it easier to gain access to finance across the 27 nation EU area.

The act also hopes to strengthen social entrepreneurship and boost consumer confidence.

The commission says the new act should boost employment across the crisis-hit region, particularly for young people.

It comes close after the first Single Market Act, which was adopted in April last year.

The commission says a second act, with a second set of priorities, is now needed to continue expanding ease of investment and movement within the single marketplace.



Source & Image : BBC

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