WebSep 30, 2024 · The European Commission published its proposal for a Regulation for a Single Market Emergency Instrument on 19 September 2024. The proposal states that the purpose of the SMEI is to provide a strong, agile governance structure, as well as a targeted toolbox, to ensure the smooth functioning of the Single Market in any future type of crisis. WebSep 22, 2024 · In brief: On September 19, 2024, the European Commission (“Commission“) adopted a proposal that would give the EU sweeping new powers to address shortages and supply chain disruptions of crisis-relevant and strategic goods and services in times of crisis.The proposed Single Market Emergency Instrument (“SMEI“) is the latest in a series …
EU seeks crisis powers to take control over supply chains
WebMar 31, 2024 · 03/31/2024 Press release Archived content. AMENDMENTS 175 - 599 - Draft report Establishing a Single Market emergency instrument and repealing Council Regulation No (EC) 2679/98 WebMay 19, 2024 · The Single Market Emergency Instrument (SMEI) can help the European Union bridge the competence gap, SMEunited writes in a position paper. We believe that the instrument will also give the European Commission and its agencies the necessary emergency powers. todaylineage
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WebSep 19, 2024 · The Single Market emergency mode can be activated in cases of a wide-ranging impact of a crisis on the Single Market that severely disrupts free movement on the Single Market or the functioning of the supply chains that are indispensable for societal and economic activities. WebThe single market is still developing and adapting to new challenges. R ecent shocks have shown not only how vulnerable to crises the single market is , but also the extent to which … WebCrisis-proofing the Single Market: equipping Europe with a robust toolbox to preserve free movement and availability of relevant goods and services Single Market Emergency … penshaw tea rooms opening times