Commission sets up service to support structural reforms

Structural reforms have become the European Commission´s silver bullet solution to bolster recovery. In order to support the member states efforts to revamp their economies, the EU executive has set up a Structural Reform Support Service, which would offer practical support and guidance to the national governments in their drive to implement important structural adjustments. The Commission´s Vice-President for the euro, Valdis Dombrovskis, who will coordinate the new team, said that it will be a "permanent" but "very flexible service,"…