According to the ECB, barriers to intra-EU trade are equivalent to a 65% tariff on goods and 100% on services.

Omissions

• The ECB frames the services figure as 'around 100%' (not an exact 100%), and some renderings describe it as 'up to 100%' for services.
• These are model-based, estimated 'tariff equivalents' of non-tariff/regulatory barriers, not actual applied tariffs; they measure the restrictiveness of internal Single Market barriers, not fiscal charges.
• The IMF has produced a different estimate (around 45% for goods and 110% for services), so the ECB figure is one of several estimates in the debate, though the MEP correctly attributed the 65%/100% numbers to the ECB.

Sources

• PrimaryEuropean Central Bank — Speech by Christine Lagarde, 'From resilience to strength: unleashing Europe's domestic potential'ECB analysis finds that internal barriers in services and goods markets are equivalent to tariffs of around 100% and 65%, respectively.
• PrimaryEuropean Central Bank — Economic Bulletin article, 'What is the untapped potential of the EU Single Market?'ECB Economic Bulletin article on the untapped potential of the EU Single Market analysing barriers to the free movement of goods and services and their tariff-equivalent magnitude.
• SecondaryThe Guardian — 'Europe's economy is geared towards a disappearing world'Those barriers are equivalent to a 100% tariff on services and 65% on goods, according to ECB analysis.