Have one EU base from which they service the entire EU Single Market.
The E-Money Directive is transposed into law and applied nationally by the various member countries within the EU Single Market.
"They must not take measures that in any way undermine the EU single market, " he said, adding: "we'll be watching like a hawk".
He said even the widely praised EU single market was "not working, because new things have been added, increasing the burdens on business".
BBC: EU debate: Conservative MEP deplores 'pitbull UK' image
It amounted to a guarantee that closer eurozone co-operation would not undermine the EU single market coupled with technical safeguards for the City of London.
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The Cyprus presidency also aims to launch a Common European Asylum System by the end of this year and foster a deepening of the EU Single Market.
In February, an ECJ advocate general said this was in line with the aims of the EU single market - a border-free zone for goods and services.
He said he doubted whether the Nordic countries, with their generous social welfare, would accept the UK unilaterally diluting workers' rights and still remaining in the EU single market.
BBC: EU debate: Conservative MEP deplores 'pitbull UK' image
This was probably aimed at reassuring business leaders in the City of London, still jittery after Mr Sarkozy appeared to rejoice at the appointment of Frenchman Michel Barnier to oversee the EU single market, including financial services.
Economic development in newer member states is good news for everyone in the EU's single market.
Some fear that saving the euro could wreck the wider EU and its single market.
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Treating the EU as a single market, using just the one corporate location to service all of their customers.
EU's single market, which embodies the Rome treaty's principles of a free flow of goods, services, labour and capital.
EU's single market comes at a price albeit, in his view, one worth paying.
EU's single market, fights a constant battle against state aids with only mixed success.
Liberals add that a key to higher growth is to remove barriers to the EU's single market, particularly in services.
The EU and the single market were crucial for British jobs and helped the UK tackle cross border crime, he added.
Its big reason for sticking with the EU is the single market.
This is not just external protectionism: it threatens the EU's single market.
It is, Polish officials argue, the best way to make the country more competitive, to strengthen and enlarge the EU's single market for the benefit of everyone.
"Despite the extremely challenging times we are experiencing, I truly believe that by coming together under the banner of the EU and the single market we will come through these stormy waters, " he said.
But he would like to see the Germans do more to liberalise their own services, to bolster the EU's single market (indeed, he wrote a report for the commission in May 2010 advocating further liberalisation).
In Europe, she is remembered as a prickly leader who thrived on confrontation, but who ultimately agreed to foster some of the European Union's most significant developments, such as the creation of a single EU market.
But fellow Tory Bernard Jenkin said less than 10% of the UK's trade in manufactured goods was with the EU and the single market could not be the "overriding consideration" when deciding the UK's national interest.
In the past few years, those countries that have most liberalised their energy industries, such as Britain, have been pressing the commission to speed up the creation of an EU-wide single market in electricity and gas.
Meanwhile the EU's single market, whose 20th anniversary is being officially celebrated this week, remains a remarkable political achievement, sweeping away protectionist tariffs and creating harmonized European rules that have paved the way for a huge expansion in trade.
The leaders are hoping for progress on issues like increased Internet access, "welfare to work" incentives for the long-term unemployed, cutting red tape, and progress towards a single EU financial market, which would mean cheaper borrowing for firms, better returns for savers and cheaper insurance policies.
If a non-EU company (based outside the EU) is operating on the single market and targeting consumers in the EU then the EU rules apply to them, as will the sanctions for not abiding them.
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Michel Barnier, the EU commissioner for the single market, said high bonuses were behind excessive risk-taking by bankers.
Is the EU - with its single market - part of the solution or does it reduce competitiveness?
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