BUSINESS REFORM

Cabinet approves draft bill creating “single market” in Spain

Proposed legislation removes regional barriers to trade

The law could add 1.5 billion euros to GDP within 10 years, deputy PM says

The Cabinet on Friday approved a draft bill creating a single market that will allow companies and professionals in Spain to offer their goods and services across the country.

Under the proposed legislation, it will be sufficient for a company that has obtained a license from one of the regional governments to sell goods that comply with technical specifications to do so in the rest of the country.

The government said the bill is based on the concept of mutual confidence between administrations regarding their respective legislation, and mirrors the European Union’s own single market. The proposed law could clash with regional legislation.

Companies have been lobbying the administration to cut tape to remove impediments to setting up new companies. The Chambers of Commerce welcomed the move. “This will serve to relaunch the trade, industrial and productive fabric in Spain and increase competition,” the Chambers said in a statement.

The Chambers said there are currently more than 100,000 rules and regulations relating to business activities in the country, two thirds of which have been issued by the regions.

Announcing the development, Deputy Prime Minister Soraya Sáenz de Santamaría estimated that the cost savings entailed could add 1.5 billion euros to Spain’s GDP over the next decade.

She said she did not expect the move to cause tensions between the regions.

The bill also calls for all public administrations to share a single electronic database in supervising business activities.

 

Comentar Normas

Para poder comentar debes estar registrado en Eskup y haber iniciado sesión

Darse de alta ¿Por qué darse de alta?

Otras noticias

Últimas noticias

Ver todo el día

El reto de la actualidad (27-05-2015)

El País Madrid

Comprueba tus conocimientos sobre la actualidad del día con este test de 10 preguntas

Resumen del día 27 de mayo

El País Madrid

Cinco noticias que deberías conocer a esta hora

Imputado un diputado del PP por insultar a un oponente por ser gay

Andreu Manresa Palma de Mallorca

El aludido, del grupo econacionalista MÉS per Menorca, denunció al parlamentario en 2014

EL PAÍS RECOMIENDA

Librerías en la encrucijada (2): Las siete vidas del gato

Segunda etapa del viaje por las librerías españolas

El Everest perderá hasta el 99% de sus glaciares este siglo

Las nevadas en el Himalaya no compensarán el deshielo

Lo más visto en...

» Top 50


Webs de PRISA

cerrar ventana