Written by Marcin Szczepański (1st edition),
© Pixelot / Fotolia
For the next long-term EU budget framework (2021-2027), the Commission is proposing a new, dedicated €4 billion programme aimed at empowering and protecting consumers, and enabling Europe’s many small and medium-sized enterprises (SMEs) to take better advantage of a well-functioning single market. The financial envelope will be supplemented with the additional allocation of €2 billion under the InvestEU Fund, in particular through its SME window.
The new programme aims to strengthen and streamline the governance of the EU’s internal market. It will support the competitiveness of business, and promote human, animal and plant health and a safe food chain, as well as financing European statistics to provide reliable data relevant to the single market. The proposal consolidates and streamlines a wide range of activities that were previously financed separately, and bundles them into one programme. The aim here is to generate benefits in terms of flexibility, simplification and synergies, and eliminate overlaps.
Versions
Inese Vaidere (EPP, Latvia)
Jasenko Selimovic (ALDE, Sweden)
Igor Šoltes (Greens/EFA, Slovenia)
Ordinary legislative procedure (COD) (Parliament and Council on equal footing – formerly ‘co-decision’)
Next steps expected:
Publication of draft report
Estimated breakdown of the single market programme elements