14
Jan
1 Introduction
The EU Single Market brings together 450 million people and 26 million businesses. It is one of the cornerstones of European integration, serving as a dynamic engine for welfare gains, competitiveness and resilience. By facilitating the free movement of goods, services, capital and labour, it has enhanced economic efficiency through economies of scale, stronger competition and increased innovation. ECB research indicates that between 1993 and 2014 the Single Market increased real GDP per capita by 12-22% across founding Member...