1. Four freedoms of the EU single market

2. Freedoms of single market
The single market, which was completed in works on the basis of four freedoms of movements:
goods
services
people
capital
throughout the European Union

3. Free movement of goods
this principle implies that national barriers to free movement of goods within the EU should be removed, goods must be free to move around the EU, being bought and sold without any obstacles

4. Free movement of goods
the origin lies in the Treaty of Rome which recommended elimination of custom duties between member states, elimination of quantitative restrictions on imports and all measures having equivalent effect and setting up common customs tariff

5. Free movement of goods
customs union was created by stages between and 1968 by abolishing tariffs and quota barriers to mutual trade of member states and creating a common external tariff
although customs duties disappeared, different national norms and regulations (known as "non-tariff barriers") continued to obstruct the movement of goods

6. Free movement of goods Aim:
to maximize european trade by removing barriers
Opportunities:
-for producers: wider market, common standards on products
-for consumers: greater choice of goods, lower prices

7. Free movement of services
means that architects, insurance companies, advertising companies and other can offer their services anywhere within the whole EU
freedom to establish a company on territory of another EU member state or only to provide services there are included in the Treaty of Rome

8. Free movement of services
Opportunities:
- for business:
expansion to bigger market, fair competition
- for consumers:
greater choice of services, lower prices

9. Free movement of people
means more than just unbounded travel (Schengen Agreement eliminated passport controls was agreed in 1985; put into effect in 1995).
every EU citizen may live and work anywhere in the Union
trainees and students can gain experience by
studying and working abroad

10. Free movement of people
procedures for how the EU countries recognize professional qualifications that citizens have obtained in another EU country
employers keep their employment rights, including social security and pension entitlements
social security includes also family members

11. Free movement of people
Opportunities:
workers more mobile, free choice of workplace within EU, employment under the same legal framework like citizens of member states

12. Free movement of capital
means that capital can flow freely between the member states
the liberalization of capital movements and payments has accompanied the consolidation of the single market
European citizens and companies have free access to financial services in all member states, can conduct financial operations abroad

13. Conclusion
Treating the EU as one territory where people, money, goods and services interact freely stimulates competition and trade, and improve efficiency. The increased choice of goods and services will raise quality and cut prices. It is the basic recipe for prosperity.

14. Conclusion
Although the single market has existing for 15 years now there are still some limits as far as its four freedoms are concerned: member states can carry out random identity checks at frontiers, short-term restrictions on citizens from new member states taking up jobs exist in some other EU countries, "non-tariff barriers" are very often difficult to find and remove.

15. Thank you for your attention