Sven Simon· PPE

Confirmed

The International Monetary Fund quantifies the tariff-like effects of internal barriers in the European Union at 44% for goods and 110% for services.

Sources

• PrimaryIMF - Europe's Choice: Policies for Growth and ResilienceIMF estimates that internal EU barriers are equivalent to a tariff of about 44% for goods and 110% for services
• SecondaryReuters - EU targets business barriers to enhance competitivenessThe International Monetary Fund has estimated that internal EU barriers are equivalent to tariffs of 44% for goods and 110% for services