The Single Market is at the heart of the European project since its inception and has been further developed since 1993 by the consolidation of economic integration, the introduction of common currency and solidarity and cohesion policies. A well-functioning integrated European single market is a fundamental process to further European integration, social cohesion, economic growth and sustainable development within the Union aimed at creating ‘an ever closer union among the European people’ preventing its citizens and Member States from reengaging in conflict.
Source : © European Union, 2014 - EP