How is the programme designed to deliver results?

Challenge

The Single Market is at the heart of the European project, enabling citizens to live, work, and travel wherever they wish and offering consumers protection, safety and greater choice at lower prices. But a well-functioning Single Market is not a given. It has yet to materialise in a number of areas and in others the benefits could be more substantial.

A well-functioning Single Market will be crucial for Europe’s recovery from the COVID-19 crisis, and in helping the green and digital transitions of all of Europe’s industrial ecosystems. This requires carefully designed, implemented and enforced Union legislation in all sectors, including financial services, anti-money laundering, the free movement of capital, and protection of consumers as well as human, animal and plant health. Strengthened governance of the Single Market, as well as efficient and effective coordination of joint actions between Member States and the Commission are essential.

In all these areas, action at the EU level is essential to properly address cross-border issues, ensure adequate coordination of interventions, and advance towards common EU goals.

Mission

The Single Market Programme aims to: (i) help ensure a well-functioning Single Market for goods and services, with fit-for-purpose legislation, including in the areas of financial services, anti-money laundering, free movement of capital, protection of consumers and animal and plant health; (ii) provide high-quality statistics on all EU policies; and (iii) coordinate capacity building for joint actions between the Commission and Member States.

Objectives

The programme has the following specific objectives:

  1. Making the internal market work better including through improved market surveillance;
  2. Improving the competitiveness of businesses, especially SMEs;
  3. Increasing standardisation, including in the area of financial and non-financial reporting, and auditing;
  4. Promoting the interests of consumers, including in financial services;
  5. A high level of health for humans, animals and plants throughout the food chain; and
  6. Producing and communicating high-quality statistics on Europe.

Budget

  • EUR 4 208.0 millionTotal financial programming 2021-2027
2021 2022 2023 2024 2025 2026 2027
575.0 583.5 592.2 601.1 610.2 619.6 626.3

In EUR million.

Actions

The programme’s main activities include:

  1. Data gathering and analysis in support of effective enforcement and modernisation of the Union’s legal framework;
  2. Studies and evaluations;
  3. Capacity-building activities and facilitation of joint actions between Member States, their competent authorities, the Commission and the decentralised Union agencies;
  4. Financing of mechanisms allowing individuals, consumers and business representatives to contribute to decision-making processes; and
  5. Strengthening the exchange and dissemination of expertise and knowledge.

The programme will particularly support, through targeted actions, improved competitiveness (notably of SMEs), financial stability and the free movement of capital, European standards for goods and services, development., production and dissemination of European statistics, and emergency measures along the food chain and for the protection of human, animal and plant health.

Delivery mode

The Single Market Programme will be mainly implemented by direct management by the Commission (participating Directorates-General are COMP, ESTAT, FISMA, GROW, JUST, SANTE, TAXUD).

Two executive agencies will implement parts of the Programme:

  • the European Innovation Council and SME Executive Agency, for activities concerning competitiveness of businesses and SMEs, standardisation, and promotion of the interests of consumers; and
  • the European Health and Digital Executive Agency, for activities concerning protection of the health of humans, animals and plants along the food chain, and the support of the welfare of animals.

Performance framework: more information

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Where are we in the implementation?

You will find information on the programme implementation in this webpage.

It will be updated when the programme will have started on an annual basis alongside the publication of the draft budget and the discharge.

Next publication (estimation): June 2022.

Predecessor programmes 2014-2020

The Single Market Programme brings together six predecessor programmes from different policy areas, notably the grants and contracts part of COSME, programmes on consumer protection, consumer and end-users in financial services, specific activities in the field of financial reporting and auditing standards measures to contribute to a high level of health for human, animals and plants along the food chain and in related areas and European statistics. It also integrates a number of former prerogative budget lines. Drawing from the lessons of the impact assessment, this integrated setup is expected to constitute a more flexible and agile financing framework, which will allow to better exploit synergies, prevent duplication and fragmentation, and prioritize across all 14 ecosystems.

COSME

  • EUR 2 359.0 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 2 358.7 million
100%
Payments EUR 1 571.0 million
67%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Loan Guarantee Facility – volume of debt financing mobilised (1)  
>100%
14.3 bn EUR 31.7 billion compared to a target of EUR 14.3 billion On track
Loan Guarantee Facility – number of firms benefiting from debt financing  
>100%
220 000 645 988 compared to a target of 220 000 On track
Enterprise Europe Network – number of partnership agreements signed (2) 2 295
>100%
17 500 20 517 compared to 17 500 On track
Tourism – number of destinations adopting sustainable tourism development models promoted by the European destination of excellence (3) 98
75%
 
200 175 out of 200 On track

(1) Latest results from 2019.
(2) The cumulative results for 2015-2020 are 17 881 under COSME. 20 517 includes those agreements signed in 2014 under the previous programme.
(3) Cumulative number of destinations.

% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • 250 000SMEs availed themselves of European Enterprise Network advisory services on access to finance, intellectual property rights and the single market (2014-2020).
  • 600 000SMEs in 32 countries received financing from the Loan Guarantee Facility (2014-2020).
  • 8.2 millionvisits were made to the business section of the Your Europe portal in 2020.
  • 16 500entrepreneurs were involved in the Erasmus for young entrepreneurs mobility scheme (2014-2020).
  • 118transnational public–private tourism partnerships covering 31 countries had been set up by 2019.
  •   

Programme Performance Overview

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European Statistical Programme

  • EUR 449.1 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 446.7 million
99%
 
Payments EUR 340.2 million
76%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Number of data extractions made from Eurostat reference database by external users (1) 7.9 m
>100%
8.7 m 13.9 million data extractions made compared to a target of 8.7 million On track
Achievements of specific objective 1 as a percentage of the outputs related to it (1)  
94%
 
100% 94% out of 100% On track
Achievements of specific objective 2 as a percentage of the outputs related to it (1)  
92%
 
100% 92% out of 100% On track
Average punctuality of statistics (on foreign trade with countries outside the EU) sent by Member States to Eurostat (1)  
>100%
>0 sent 2 days in advance of deadline On track
Achievements of specific objective 3 as a percentage of the outputs related to it (1)  
92%
 
100% 92% out of 100% Moderate progress

(1) Average of results for 2014-2020.

% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • With regard to the COVID-19 pandemic, Eurostat and the national statistical institutes have turned to innovative methods and new data sources in order to respond to the emerging new demands for information, and have expanded the production of statistics into newly emerging fields, such as the links between income, consumption and wealth. At the end of April 2020, Eurostat introduced a dedicated section on COVID-19 on its website, containing all relevant information and providing easy access in one place, which was later developed into the European Statistical Recovery Dashboard (https://ec.europa.eu/eurostat/cache/recovery-dashboard/).
  • A new statistical information tool was developed and disseminated in a very short amount of time. The European Statistical Recovery Dashboard responds to the needs of policymakers at the national and EU levels in the COVID-19 context. It brings together 23 monthly and quarterly indicators and covers all of the statistical areas that are relevant for tracking the economic and social recovery from the pandemic.
  • In response to emerging needs in the analysis of the labour market effects of the COVID-19 crisis, Eurostat developed a new approach to adapt to the evolution of the labour market. The data were published faster than in the past, and Eurostat is currently working with Member States to further improve its timeliness. Eurostat also provided high-quality and timely business and trade statistics, in particular the principal European economic indicators.
  • Concerning the sustainable development goals, the Eurostat monitoring report on the subject and the accompanying communication package are key sources of information for a wide range of users. Similarly, Eurostat launched a new data collection on packaging and packaging waste.
  • The trusted smart statistics initiative is a major development that Eurostat initiated together with its partners in the European Statistical System. It aims at providing the system with the ability to embrace the opportunities provided by new technologies and data originating from the digitalisation of society and the economy. Eurostat laid down the foundations of the Web Intelligence Hub, a platform to collect and process internet data to better assess labour market developments on a timely basis, using advanced technologies.

Programme Performance Overview

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Specific activities in the field of financial reporting and auditing

  • EUR 55.3 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 55.3 million
100%
Payments EUR 48.8 million
88%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Number of countries using international financial reporting standards 128
>100%
159 166 countries compared to a target of 159 On track
Number of standards endorsed in the EU as a percentage of the number issued by the International Accounting Standards Board 89%
82%
 
100% 98% of standards endorsed On track
% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • 166 countries using international financial reporting standardsAnalysis of 166 jurisdictions shows that international financial reporting standards are required for all or most domestic publicly accountable entities (listed companies and financial institutions) in 144 jurisdictions, while a further 12 jurisdictions permit their use. In addition, 87 of the 166 jurisdictions either require or permit the IFRS for SMEs standard.
  • 98% of the international financial reporting standards have been endorsed in the EU98% of the international financial reporting standards had been endorsed in the EU by the end of 2020. Moreover, the European Union’s commitment to international financial reporting standards has provided an impetus for the international acceptance of the standards, which ultimately fosters the ability of EU companies to trade, raise capital and expand internationally while benefiting from administrative savings.

Programme Performance Overview

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Enhancing consumer involvment in EU policymaking in the field of financial services

  • EUR 5.5 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 5.5 million
100%
Payments EUR 4.8 million
87%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Number of position papers and responses to public consultations (1)  
>100%
60 179 position papers and responses compared to a target of 60 On track
Number of Twitter followers (2)  
>100%
4 400 12 477 Twitter followers compared to a target of 4 400 On track

(1) Cumulative results for 2014-2020.
(2) Average of results for 2014-2020.

% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • 12 477total Twitter followers.
  • 177total position papers and responses to public consultations in the field of financial services for the 2017-2020 period.

Programme Performance Overview

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Consumer Programme

  • EUR 188.4 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 187.8 million
100%
Payments EUR 143.1 million
76%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Safety – % of notifications to rapid alert system for dangerous consumer products resulting in at least one reaction (1)  
>100%
48% 50% achieved compared to a target of 48% On track
EU-wide online dispute resolution system – number of cases dealt with  
>100%
100 000 147 456 cases dealt with compared to a target of 100 000 On track
Contacts with consumers handled by the European consumer centres 71 000
>100%
106 500 167 833 contacts compared to a target of 106 500 On track
Visits to the website of the European consumer centres (2) 3 m
>100%
5.1 m 6.7 million visits compared to a target of 5.1 million On track

(1) Average of results for 2014-2020.
(2) Latest results from 2019.

% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • Over 2 000 notifications of dangerous products are received every year  through the rapid alert system for dangerous non-food products.
  • 9%  of alerts in 2020 were related to products linked to COVID-19 (mostly face masks).
  • One thirdof all claims received by the online platforms checked were found to be scams.
  • EUR 7 millionin annual funding was provided to the European Consumer Centres Network.
  • 147 000 customershave lodged a complaint through the Online Dispute Resolution platform since its launch in 2016.
  •   

Programme Performance Overview

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Food and Feed

  • EUR 1 827.3 millionBudget allocation 2014-2020

Overall execution (2014-2020)

  Total %
Commitments EUR 1 827.2 million
100%
Payments EUR 1 384.8 million
76%
 

This graph includes implementation based on voted budget appropriations and carried-over appropriations.

 

Key monitoring indicators

  Baseline Progress Target Results Assessment
Member States free from the animal disease bovine brucellosis 16
44%
 
25 20 Member States out of 25 Moderate progress
Member States free from the animal disease bovine tuberculosis 15
25%
 
23 17 Member States out of 23 Deserves attention
Member States free from the animal disease melitensis 19
17%
 
25 20 Member States out of 25 Deserves attention
Coverage of EU territory by surveys for pests not known to occur in EU territory  
90%
 
100% 90% coverage out of 100% On track
Coverage of EU territory by surveys for most dangerous pests  
100%
100% 100% coverage out of 100% On track
Results of controls in particular areas of concern (1)  
75%
 
95% 71% favourable trend out of 95% Moderate progress

(1) Latest results are from 2018.

% of target achieved by the end of 2020

 

 

Concrete examples of achievements

  • Rabieshas been almost eradicated in the EU in wildlife, with the number of cases falling from 1 602 in 2009 to only 8 in 2018 (in 3 Member States), 5 in 2019 (in 2 Member States) and 12 in 2020 (in the same 2 Member States).
  • Swine vesicular diseasehas been eradicated: the entire EU was declared free of swine vesicular disease on 20 March 2019.
  • Salmonella infectionprogrammes proved successful as the number of human cases decreased (from more than 100 000 confirmed human cases of salmonellosis in 2010 to 92 000 in 2019).
  • Bovine spongiform encephalopathycases decreased, from more than 2 000 classic cases detected in 2001 to only 1 detected in 2018; and in 2019, only atypical cases were found (7 cases, in 3 Member States).
  • Bovine brucellosis and tuberculosiscases decreased: 16 Member States were officially free from bovine brucellosis in 2013, rising to 20 in 2018 and 2019; 15 Member States were officially free from bovine tuberculosis in 2013, rising to17 in 2018 and 2019.
  •   

Programme Performance Overview

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