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SINGLE MARKET

Sweden in the top of EU single market league

Sweden is among the top performers in the EU single market, according to a new report from the European Commission published on Monday.

Sweden in the top of EU single market league

“Happy to see Sweden among the top performers in the new Single Market Scoreboard,” Sweden’s Trade Minister Ewa Björling tweeted on Monday.

The report ranks EU member states according to eight different criteria. Sweden performed above average in six of the eight categories and average in two, better than all other EU countries except for Estonia.

The first category Transposition of Law – in layman’s terms making sure domestic law are in place to respect a single EU market – shows that Sweden’s has the lowest deficit, having passed all but one of the directives relating to the single market and meeting the “zero tolerance” target. When it comes to going from European directive to domestic law, Sweden has also cut the delay to 14 and a half months.

Neither has Sweden ever before been rapped on the knuckles so little for not complying to EU law. Sweden’s pending infringements cases is at its lowest since May 2004, the report shows, with 28 pending cases placing Sweden in line with the EU average.

The report underlined, however, that problems remain with regards to indirect taxation and water protection. Swedish cases also still take the longest to resolve, with an average 39.3 months in contrast to an EU average of 27 months.

Within the category Internal Market Information System, Sweden performed above the EU average in all three subcriteria. Some 81 percent of requests are accepted within one week (EU average for such a time scale: 74 percent), 70 percent are accepted within agreed deadlines (EU average at 64 percent) and the average response time of ten days is less than half the EU average of 22 days.

Eures, the cross-union job matching service, has 54 assigned case workers employed under the auspices of Sweden’s Employment Agency – a rate classified by the Commission as “good”.

Within the category Your Europe, Sweden is credited with providing information to citizens and enterprises in English and other languages and for cooperating well with the Commission.

Solvit is a network for problem solving among EU countries and the report shows that the Swedish Solvit centre deals with a high number of cases relative to the size of the country. Sweden is, however, slow when responding to clients although meets EU targets.

Finally, Sweden scores well for almost all assessment features (quality and availability of information, possibility for online completion of procedures) with regards to Points of Single Contact, according to the report. This category refers to the establishment and running of companies and in Sweden is managed through the website Verksamt.se.

The Single Market Scoreboard is mean to keep a tally on how well EU members are making sure they comply to union law and regulations.

Peter Vinthagen Simpson

Follow Peter Vinthagen Simpson on Twitter

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EUROPEAN UNION

Danes benefit the most from EU: think-tank

Integrating economically with its neighbours helped incomes in Denmark grow more than in any other country.

Danes benefit the most from EU: think-tank
Photo: Colourbox
Denmark and Germany came out as the winners of the European Union's single market in a study released on Monday. 
 
For every year between 1992 and 2012, Danes’ average annual incomes were €500 (3,730 kroner) higher than they would have been without the single market, a study by the German think-tank Bertelsmann Foundation found. The income increase was the highest of the 15 countries that joined the single market in the 1990s. 
 
That means in 2012, GDP per person was 2.0 percent higher than it would have been without integration – the second highest figure of the EU countries. 
 
Only Germany’s 2.3 percent increase was better, but the Danes’ average €500 per capita income gain was higher than the Germans’ €450 increase. 
 
The single market guarantees free movement of goods, persons and services, as well as of capital and payment transactions across national borders.
 
The study found that economic integration increased in almost all of the 15 states that joined the European single market in the 1990s, resulting in income gains in every national economy.
 
Only Luxembourg was not assessed because of "major data gaps".

Greece was the only country with a mixed picture of the benefits brought by the EU, the study said.

Taken alone, Greeks' annual incomes rose by an average of just €70 each year over the 20-year period.
 
Yet in real terms, incomes were found to have fallen by €190 in this time due to the nation's dramatic economic crisis.
 
The United Kingdom has also failed to take as much advantage of the single market as it could have. Incomes in the UK rose an average of just €10 a year thanks to the single market. 
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