EUROPEAN UNION: Services are key test case for reform

French President Jacques Chirac secured an agreement at the March 22-23 EU summit to have the proposed Services Directive reworked and its most controversial provisions watered down.

Our judgement

A revised draft of the Services Directive which removed provisions on public services and on the controversial 'country of origin' principle would enter into force with little political objection. However, it could damage momentum on liberalisation in other areas of EU economic policy.

See today's EUROPEAN UNION: Services are key test case for reform.