Celebrating 20 years of the single market
It is the 20th anniversary of the single market this year and we all have reason to celebrate! It helped to create 2.8 million jobs, make European firms more competitive and provide consumers with more choice at lower prices.
"The single market has improved the lives of some 500 million people, in the way people live, do business, study and travel," EP president Martin Schulz said on the occasion of single market week, which takes place across Europe from 15 to 19 October.
But although the single market has produced many benefits, it is far from being completed. Mr Schulz said: "The 20th anniversary should give new impetus to the single market project, both for growth and for social justice."