Published: December 9th, 2022,
Last updated: May 30th, 2025
It’s a round birthday, but not one that has attracted much attention so far. The European Single Market will be 30 years old at the turn of the year – the completion of the common market, initiated in 1987 with the Single European Act, came into force on Jan. 1, 1993. Many of the achievements have long been taken for granted, but the momentum in guaranteeing the four fundamental freedoms has slowed considerably in recent years.