The European Union's industrial heartlands, its urban regions and Germany a...
BERLIN - The European Union’s industrial heartlands, its urban regions and Germany are the biggest beneficiaries of the bloc’s single market, according to a study that highlights the economic and social inequalities plaguing the bloc.
A report by the Bertelsmann Foundation found that Germany, Europe’s largest economy, benefited most in absolute terms from the single market, earning an extra 86 billion euros a year because of it. The inequalities highlighted in the report are shaping EU politics ahead of this month’s European Parliament elections, in which some have called for a continent-wide minimum wage, while Italy, wrestling with low growth, has demanded the right to break European fiscal rules to finance tax cuts.
Introduced in 1992, the EU’s single market aimed to sweep away all tariffs or regulations that hinder trade between member states, giving Europe’s companies a giant home market that could rival that of the United States or Japan in size.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
EU slashes growth forecasts for Germany — againThe EU has cut growth forecasts for Germany for the second time this year, as trade tensions and a Chinese slowdown weigh on the traditional economic powerhouse of the region.
और पढो »
EU leaders set to meet just after EU election: officialsNational leaders of the European Union are likely to meet for a summit in Brusse...
और पढो »
Macron's party falls behind Le Pen's far right in EU election pollThe party of far-right leader Marine Le Pen will top the upcoming European Parli...
और पढो »
Inside Facebook’s EU election war roomThe social network created a team in Dublin to counter wrongdoing, but political ads and misinformation are still reaching voters.
और पढो »
EU fleshes out WTO e-commerce proposal, faces obstaclesThe European Union began a push for improved protection for traders and consumer...
और पढो »
British MEPs in next EU parliament could create 'messy' situation: KatainenThe prospect of British candidates getting into the European Parliament and then...
और पढो »
Ex-communist states want more decentralised EU: Polish PMThe mostly ex-communist countries that have joined the European Union in the pas...
और पढो »
Poland must stop treating EU as a money-making machine - KatainenPoland should stop treating the European Union as a money-making machine and mak...
और पढो »
British MEPs in next EU parliament could create 'messy' situation - KatainenThe prospect of British candidates getting into the European Parliament and then...
और पढो »
Poland must stop treating EU as a money-making machine: KatainenPoland should stop treating the European Union as a money-making machine and mak...
और पढो »
EU plans sharp hike in U.S. energy imports as trade leverThe European Union will seek to double imports of liquefied natural gas (LNG) fr...
और पढो »