MEPs on the Committee on the Internal Market and Consumer Protection (IMCO) raised many questions about the functioning of the new Single Market Emergency Instrument (SMEI) on Monday 10 October in an exchange with the European Commission.
After a lengthy presentation on the instrument, including its ‘traffic light’ approach (green for normal operation, amber for ‘vigilance’ mode and red for emergency situations - see EUROPE B12024A1) by Outi Slotboom, a Director at the European...