Regulation establishing the Single Market Programme 2021–2027 (MFF)

Miniature people figurine with grocery in the shopping cart trolley walking on the bridge through Euro sign on Euro banknotes Miniature people figurine with grocery in the shopping cart trolley walking on the bridge through Euro sign on Euro banknotes
MFF Single Market Programme © used under the license of shutterstock.com

The proposal for a Regulation on establishing the Programme for single market, competitiveness of enterprises, including small and medium-sized enterprises, and European statistics 2021–2027 was presented by the Commission on 7 June 201. The proposal streamlines several programmes for Union action in the fields of competitiveness of enterprises including SMEs, consumer protection, customers and end-users in financial services, statistics, policy making in financial services and food chain.

The main focus of the European Parliament is to implement and enforce a number of activities supporting consumer protection and competitiveness of businesses, increasing the effectiveness of the single market. The changes include the increase of the overall financial envelope for the programme from €4 billion to €6,5 billion, including additional funding for SMEs and market surveillance; the clarification of the objectives of the programme with a view to enhance fairness, transparency and trust in the single market, as well as greater visibility of the benefits of EU actions and grants and improved accountability as regards of the use of EU resources.

The IMCO Report, adopted on 22 January 2019, was endorsed in plenary on 12 February 2019 and the Parliament's first reading is now closed. The file will pass on to the next legislature.