The Single Market is designed to bring down barriers and simplify existing rules to enable everyone in the EU – individuals, consumers and businesses – to make the most of the opportunities offered to them by having direct access to 28 countries and 503 million people.
The cornerstones of the Single Market are often said to be the “four freedoms” – the free movement of people, goods, services and capital. These freedoms are enshrined in the EC Treaty and form the basis of the Single Market framework.
The Single Market is also enabled by additional laws (“Directives”) that bring down further barriers in specific areas and are implemented at national level by Member States themselves. It is vital that Member States adopt these laws both on time and correctly.
CECED strongly advocates the continuous improvement of the Single Market. A strong Single Market makes it easier and cheaper for CECED members to do business across European borders.