Press Release: Making the Single Market work better: boosting Europe’s potential for growth

The Single Market celebrates its 20th anniversary in 2012. In the past 20 years, the Single Market has helped create millions of jobs and make Europe increasingly competitive. But the job is not finished. The Single Market needs to be constantly monitored and updated to make it work. Despite all the progress made, there are still many barriers to a fully functioning Single Market.

In April 2011, the Commission adopted the Single Market Act. It identified 12 key areas with the most growth potential in the Single Market and associated new proposals to exploit untapped potential. The Commission has presented an update of these efforts aimed a delivering growth, social progress and competitiveness.

European Commission: Memo/12/136: Single Market Governance: FAQs http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/12/136&format=HTML&aged=0&language=EN&guiLanguage=en

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