is vital for growth and job creation. Given that consumer expenditure accounts for 56% of the EU’s GDP, small improvements in consumer conditions in the single market can have a significant impact on the allocative efficiency of the economy and contribute to enhancing economic growth, in line with the goals of the Europe 2020 Strategy. However, improved allocation can only be achieved if consumer conditions empower consumers to play their full part in the market and thereby stimulate competition and innovation. Consumers also need to be protected through effective enforcement of consumer rights and easy access to redress.”
European Commission Consumer Conditions Scoreboard May 2012
is vital for growth and job creation. Given that consumer expenditure accounts for 56% of the EU’s GDP, small improvements in consumer conditions in the single market can have a significant impact on the allocative efficiency of the economy and contribute to enhancing economic growth, in line with the goals of the Europe 2020 Strategy. However, improved allocation can only be achieved if consumer conditions empower consumers to play their full part in the market and thereby stimulate competition and innovation. Consumers also need to be protected through effective enforcement of consumer rights and easy access to redress.”
Sorry, comments are closed for this post.