Yesterday (3 October) the European Commission issued a Communication on its draft Single Market Act II, which contains a batch of 12 new proposals to modernise and deepen the Single Market , the biggest smart regulation exercise on record, comprising some 600 directives. The new package aims "to respond to a constantly changing world where social and demographic challenges, new technology and imperatives, such as climate change, must be incorporated in policy thinking." It builds on the SMA I (2011) and further perfects the work engaged since 1992, when the "internal market" was launched. The 12 priority areas of the package cover transport and energy networks, citizen and business mobility, the digital economy and "social entrepreneurship, cohesion and consumer confidence." See press release and FAQ for details, and visit Internal Market website.
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