SECTORAL POLICIES / Internal market

Swedish Presidency of EU Council tries to convince EU27 with a new compromise on emergency instrument for single market

Brussels, 03/05/2023 (Agence Europe)

In a compromise text dated 20 April and seen by EUROPE, the Swedish Presidency of the Council of the EU is trying to convince Member States about the regulation creating the Single Market Emergency Instrument (SMEI). To this end, it proposes, in particular, giving a greater role to the Council when activating the ‘vigilance’ mode of the SMEI. This is the second level, after the ‘planning’ mode, and before the ‘emergency’ mode.

The Commission had proposed triggering this...