THE SINGLE MARKET

Question 1

What’s the purpose of the single market?

Answer 1

To achieve the EU integration process, firstly economically and eventually politically.
-> The Chain reaction

Question 2

The single market: legal basis

Answer 2

Art.3 TEU: The Union shall establish an internal market
- Towards SOCIAL MARKET ECONOMY: cohesion, sustainable development, healthy competition

Question 3

What’s the Single market.

Answer 3

[Art.26 TFEU]
An area without internal frontiers in which the free movement of goods, persons, services, and capital in ensured in accordance with the provisions of the Treaties.

Question 4

Negative and Positive integration of the Single Market

Answer 4

Negative integration:
MS are imposed with the duty to remove free circulation of products, capitals, persons and services

Positive integration:
EU seeks to harmonize legislations in order to enhance free circulation of products, capitals, persons and services