EU Internal Trade

House of Lords written question – answered on 8th December 2014.

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Photo of Lord Stoddart of Swindon Lord Stoddart of Swindon Independent Labour

To ask Her Majesty’s Government what proportion of the European Union annual budget is involved in administering the Single Market.

Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury

The adopted EU Annual Budget for 2014 allocates €63.5 million to ‘Administrative expenditure of the ‘Internal Market and Services’ policy area’. This amounts to around 0.05% of the total adopted EU Annual Budget for 2014.

This information is available in Chapter 12 of the EU Annual Budget 2014.

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