Source: Council of the European Union (video statements)
From a coffee machine assembled across Europe to your music streaming account following you across borders, the EU single market shapes everyday life in countless ways, and it is one of Europe’s greatest success stories
It lets goods, services, people and money move freely across borders, powering a market of nearly 450 million consumers.
But the potential of our single market is not fully used. National barriers still fragment the market. We must break them down to better compete globally.
So, in this video, we explore how the single market works and why strengthening it is crucial for Europe’s competitiveness, resilience, and strategic autonomy in a rapidly changing world.
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Timestamps:
00:00 How the EU single market shapes our everyday life
00:39 How it all begun…
01:09 A market of nearly 450 million consumers
01:36 Securing strong trade deals with the rest of the world
02:01 Completing the single market: challenges ahead
03:30 END