Patrice Muller, LE Europe Senior Managing Partner:
Our study shows that the ultimate gains are for the EU citizens, competition rose and firms achieved bigger scale in production
The ultimate gains are for the EU citizens as the Single Market improves their standard of living. Since early 1990s the GDP per capita is boosting by 1.7%, on average in the EU, as a result of integration and this amounts to €250bn per year. The EU Single Market basically allows firms to achieve bigger scale in production, it increases the competition and innovation and allows people to find jobs. All these are elements by which were increased the standards of living.