Potential for Deeper Integration of the Services Sector within the EU
|
Policy Report
| News
A significant expansion of the EU single market for services can permanently increase Europe’s gross value added by 2.3 percent, or 353 billion euros. According to the calculations of the new EconPol Policy Report, reducing trade barriers for services in the EU single market by 25 percent and 10 percent respectively would increase the gross value added of all member states.