European Economic Area


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European Economic Area (EEA)

an alliance established in 1991 between. the member countries of the EUROPEAN UNION -and the EUROPEAN FREE TRADE ASSOCIATION (EFTA). The EEA's aim is to extend the EU's ‘single market freedoms’ in the flow of goods, services, capital and labour to include EFTA countries will adopt the harmonization directives currently being implemented under the SINGLE EUROPEAN ACT 1986.

European Economic Area (EEA)

a FREE TRADE alliance established in 1991 between the member countries of the EUROPEAN UNION (EU) and the EUROPEAN FREE TRADE ASSOCIATION (EFTA). The EEA's aim is to extend the EU's four ‘single market freedoms’ in the flow of goods, services, capital and labour to include EFTA. EFTA countries have adopted the harmonization directives being implemented under the SINGLE EUROPEAN ACT 1986.
References in periodicals archive ?
The linkage of the EU ETS with that of EEA member countries is taking place through the incorporation of the EU ETS Directive (2003/87/EC as amended) into the European Economic Area agreement.
This is expected to result in a substantial reduction in the retail price of roaming services that allow customers to make and receive calls while travelling in the European Economic Area (EEA).
If travelling with the European Economic Area get an EHIC form from a Post Office and/or private medical insurance which is necessary for other destinations.
Iceland has been accused of contravening European Economic Area (EEA) laws by charging higher taxes on international flights than on domestic flights.
Given the sharply diverging levels of labor productivity, a harmonization, say, of labor market regulations would have disastrous consequences for competitiveness and thus for growth and employment in the European economic area. Each country therefore has to target and implement the needed reforms for itself.
The modifications will also ensure that copies of published material available for read-only use in accessible formats are available in all countries of the European Economic Area. Legislative changes were required by the EU reading directive.
The positive opinion will now be referred to the European Commission, which grants marketing authorization for medicines in the European Union, as well as to European Economic Area members Iceland, Liechtenstein and Norway.
M2 EQUITYBITES-October 30, 2015-Celgene International SA rl to market VIDAZA in European Economic Area for adult patients aged 65 years or older with AML who are not eligible for HSCT
It therefore concluded that the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.
If adopted, the regulation will allow Bulgarians to take any jobs in Iceland as of January 1, 2012, in accordance with the provisions of the European Economic Area and the Icelandic legislation.
The EC, the European Uniona[euro](tm)s competition watchdog, said in a statement on Friday that the takeover would not harm the effective competition in the European economic area (EEA).
In a statement, the European Commission said, 'After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.'

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