Press conference by Michel Barnier, Member of the EC, on the 20th anniversary of the Single Market
Michel Barnier, Member of the EC in charge of Internal Market and Services, gave a press conference on the 20th anniversary of the Single Market. In the past 20 years, the Single Market has helped create millions of jobs and make Europe increasingly competitive. But the job is not finished. The Single Market needs to be constantly monitored and updated to make it work. Despite all the progress made, there are still many barriers to a fully functioning Single Market. In April 2011, the Commission adopted the Single Market Act. It identified 12 key areas with the most growth potential in the Single Market and associated new proposals to exploit untapped potential. At the press conference, Michel Barnier presented an update of these efforts aimed a delivering growth, social progress and competitiveness.