The European Union has its own language that European politicians understand. Inside the EU bubble, there is a variety of terms that sound like alien speak to the average listener. In this series, we are going to decode these terms one by one so that you too can understand the EU's special language and this will give you a greater understanding of the EU itself. The next term is the single market.
The single market, also known as the common market, launched on January 1st, 1993. It is the cornerstone of European economic integration. It guarantees the four freedoms across all member states, the free movement of goods, services, capital, and people. By dismantling internal tariffs, technical barriers, and regulatory fragmentation, it ensures that goods and citizens can move freely among the signing member nations.
Understanding these terms is essential to knowing how the EU functions. In this series, we decode these terms one by one. I'm Erica Gray. Be sure to hit that subscribe button. Let me know your thoughts in the comments and we'll see you in the next
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