EU gives workers freedom to move

The European Parliament has approved a law allowing service companies new freedoms to operate their businesses across borders. One politically contentious clause was axed in the final maneuvering, but supporters of the law said it still represented a concrete step forward since under the new rules companies would no longer be required to establish a separate subsidiary when they expand into another country.

Governments would also have to provide an administrative "one-stop shop," including electronic registration, so companies would not have to trail around different areas of local bureaucracy, which companies had complained was a serious deterrent.

(That latter provision alone, I am certain, will be cause for much serious celebration from among compnies wanting to do business in Spain and the Canary Islands. :)

The law now goes to the European Commission in Brussels, which must draft a new version based on the Parliament's decision before submitting it to national governments for approval, likely later this year.

EU gives workers freedom to move

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