European Single Market

The European Single Market is an agreement among EU member countries that allows goods, services, people, and capital to move freely across borders. This creates one large economic area where businesses can operate more easily and consumers can buy a wider range of products without facing many restrictions or extra costs. The goal is to promote economic growth, competition, and collaboration among member states, making trade smoother and more efficient within Europe. It effectively functions as one unified market, reducing barriers that previously separated countries' economies.