Single Market Timeline Flashcards
1
Q
1951
A
ECSC
2
Q
1957
A
EEC - Customs Union, promote economic growth to have a large market against US and Japan
3
Q
1960s
A
Acceleration of common market timetable
4
Q
1968
A
Completion of common market :
- Elimination of all internal tariffs
- Common policy on external tariffs
- Still differences in requirements
5
Q
1970s - 1980s
A
Stagnation
6
Q
1985
A
- White paper to reduce technical barriers to trade
- Establish 4 freedoms (goods, persons, capital and services)
7
Q
1986 to 1992
A
MS have implemented 95% of the measures (‘mutual recognition’)
8
Q
1993
A
Single Market yes, but :
- Problems of transposition and enforcement in national law (especially tax harmonization and company law)
9
Q
2006
A
Services Directive :
- Country of origin should not matter
- Provider of services is qualified if he meets the requirements of his country of origin
10
Q
Post 2009
A
Eurocrisis
11
Q
2011 - 2012
A
Single Market Act I and II
