30 years of EU single market: Benefits and challenges

Over the past 30 years the single market has brought unity and opportunities to Europeans. MEPs believe it has to be adapted further to respond to current challenges, Economy.

During the plenary session in mid-January the European Parliament will look at how the single market has transformed Europe since its launch in 1993 and what else should be done to make full use of its potential.

One of the cornerstones of EU integration, the single market makes it possible for goods, services, capital and people to move across the bloc as freely as within a single country.

It includes both EU and non-EU countries: Iceland, Liechtenstein and Norway take part through the European Economic Area they have established with the EU, while Switzerland has concluded a series of bilateral agreements with the EU that give the country partial access to the single market.

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