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Single European Act
(redirected from European single market)

    Also found in: Financial, Wikipedia 0.04 sec.

Single European Act

Act signed in 1986 (and in force from July 1987) to establish a single European market, defined as an area without frontiers in which free movement of goods, services, people, and capital is ensured.

The act was the first major revision of the Treaties of Rome. It provided for greater involvement of the European Parliament in the decision-making process, and the introduction of qualified majority voting in the Council of Ministers (now the Council of the European Union) for some policy areas. In addition, it included provisions concerning collaboration in research and development and in environmental policy.



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? Mentioned in ? References in periodicals archive
 
Whereas the Mittal bid was characterized by its opponents as "a symbol of globalization against a symbol of Europeanization," the resistance against the subsequent intra-European takeover offers exposes the deep-seated distrust on the part of European governments of the rules of the European single market and the oversight role of the European institutions.
Europe's new protectionism: a former policy insider outlines the ... by Schonberg, Stefan / The International Economy
At some point in the future, all these countries will be part of the Union and we will have 28 or even more countries in the European single market where goods, people, and capital will circulate freely and competitive rules will apply across the board.
Beyond the Euro: Rethinking Competitiveness by Donlon, J.P. / Chief Executive (U.S.)
As a result of the fast-approaching European single market in 1992, the world is becoming a smaller place.
Going global with annual reports by Watras, Michael / Communication World
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