EU lawmakers back measures to liberalise services
Reuters, Brussels
European Union lawmakers took a step Tuesday towards opening up the 25-nation bloc's vast market in services to greater cross-border competition, in a move to boost sluggish economic growth.The European Parliament's internal market committee approved an amended version of a bill first proposed by former EU Internal Market Commissioner Frits Bolkestein which caused fierce political controversy earlier this year. Socialist and Communist legislators were defeated in a bid to gut the measure by removing the central principle that firms may provide services based on their home country laws.
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