Press release - 30 years of the EU single market: Time to face new challenges

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The text outlines the most pressing challenges facing the single market today and recommendations for the way forward.

Metadata
Provider: 
European ParliamentEuropean Parliament
URL: 
https://www.europarl.europa.eu/news/en/press-room/20230113IPR66633/https://www.europarl.europa.eu/news/en/press-room/20230113IPR66633/
Retrieved on: 
Wednesday, January 18, 2023
Information
Tags: 
Commission, Digital Markets Act, GDP, Digital Services Act, Brexit, Person, Parliament, Growth, European Parliament, Member of the European Parliament, SMEI, Telecommunication, Climate change, Renewable energy, EU
Geotags: 
UKRAINE
Summary
Key Points: 
  • The text outlines the most pressing challenges facing the single market today and recommendations for the way forward.
  • Further development in the services, energy, telecommunications and digital sectors
    The EU single market is considered one of biggest European achievements and the “engine of European integration and the backbone of its economy”.
  • It ensures free movement of goods, services, capital and persons in a single EU internal market.
  • The EU has the world’s largest single market - it is home to 447 million consumers and 23 million companies.
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