National barriers harming EU service sector, Germany study says
Removing national barriers to services in the EU single market could produce significant economic growth, a new report by the Munich-based ifo Institute for Economic Research has said. "Although the service sector has contributed significantly to economic growth in recent decades, the EU member states continue to have a patchwork of 27 different sets of regulations," said Florian Dorn, the co-author of the study, in Munich on Thursday. He added: "As a result, they are missing out on enormous growth potential." The report suggests removing barriers to the service sector could increase economic ...