Growth and Euro Area Stability: The Double Dividend of a Deepened European Single Market for Services
The European Commission’s recent single market initiatives have a second important benefit beyond growth that is often overlooked: Deepening the Single Market for goods and services can also reduce imbalances in the euro area and limit its vulnerability to crises. A further integration of the Single Market thus provides a double dividend of growth and stability. This is the main issue addressed in this background note.
Dr. Anna auf dem Brinke works for the German Ministry of economy, she formally worked for the Jacques Delors Centre.