The EU's 20-year-old single market is at a critical juncture and needs to be fully completed to further boost Europe's crisis-battered European productivity and competitiveness, reveals a report presented yesterday (10 May) by former Italian Commissioner Mario Monti, who was tasked with coming up with a comprehensive new strategy.
On the basis of an extensive consultation process, Monti has drawn a map of new legislative proposals to improve the EU's single market that the Commission should present by July.
Presenting his report to European Commission President José Manuel Barroso before the European Parliament's internal market committee yesterday, Monti urged the EU to remove the remaining bottlenecks that are hampering innovation and dampening Europe's growth potential.
"There is now a window of opportunity to bring back the political focus of the single market," he argued.
To read the full, original article click on this link: EU must put single market 'back on stage', says Monti | EurActiv