Single Market Act
Yesterday, EU Commissioner Barnier presented the Single Market Act, a package of 50 announced measures to improve the functioning of the EU single market, most of which have been mentioned in earlier documents already. The measures include the further implementation of the Services Directive (point 4), more climate focus on energy taxation (point 8), a proposal for a financial reporting reform (point 14), a CCCTB proposal (point 19) which the Commission intends to present in the first quarter of 2011, a revision of the VAT system (point 20) to be proposed still in 2010, electronic signatures and authentification (point 22), the evaluation of the current system on recognition of professional qualifications (point 33) and an extension of the instruments of “mutual evaluation”, “single point of contact” and the IMI system introduced by the Services Directive and the Recognition of Professional Qualifications Directive to other internal market areas (points 44, 45 and 49).
The paper is currently available only in French but will be translated in other languages in the following days and weeks.
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