Kick-starting growth: How to reignite the EU’s services sector

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Publication Date May 2013
ISBN 978-1-907668-40-1
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Open Europe published a new report in May 2013 showing that fully implementing the EU’s existing Services Directive and further liberalising EU services markets would produce a permanent increase to EU-wide GDP of up to 2.3% or €294bn.

The report argues that, in order to break the political deadlock currently holding back an ambitious EU Services Directive, now is the time for a smaller group of countries to use a quirk under EU law – the so-called ‘enhanced cooperation’ procedure – to remove barriers to cross-border services trade amongst themselves. This could still provide a permanent boost to the EU economy of over 1% of GDP, or more, depending on which countries sign up.

Source Link Link to Main Source http://www.openeurope.org.uk/Content/Documents/Pdfs/kickstartinggrowthEUservices.pdf
Related Links
Open Europe: In the News, 09.05.13: Open Europe report: How to reignite the EU’s services market and boost growth by €300bn continued coverage http://www.openeurope.org.uk/Article?id=11337
Open Europe: Press Release, 08.05.13: New Open Europe report: How to reignite the EU’s services market and boost growth by €300bn http://www.openeurope.org.uk/Article/Page/en/LIVE?id=10060&page=PressReleases
Blog: Real Time Brussels, 08.05.13: U.K. 'Should Push Services in EU' http://blogs.wsj.com/brussels/2013/05/08/u-k-should-push-services-in-eu/

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