The single market is one of the most important achievements of European integration and one of its main drivers. Established on 1 January 1993, the single market allows goods, services, people and capital to move freely within the European Union. Since its creation, the single market has stimulated trade and increased the EU’s importance as a global trading partner. It makes life easier for citizens and boosts growth and competition by creating new opportunities for European businesses.

European Parliament

single market (T)

economy

Thirty years of the European single market: achievements and future challenges

https://api.multimedia.europarl.europa.eu/documents/20125/70477803/1684942408698_EPHF2404202301_ENChapters%5BSD-EN%5D.srt