1. All agreed, however, that a single Yugoslav market, rather than republican insularity, was vital for the success of economic reform. 2. The move followed a spate of transnational mergers within the EC, in advance of the introduction of the single market. 3. GDA also led an initiative to allow Scottish companies to identify opportunities in the defence market, still the largest single market in the UK. 4. A single European currency is a necessary condition for the creation of a single European market. 5. There emerged a consensus that such are the limitations of the EMS that the system cannot provide the monetary framework required for the creation of the single European market. 6. The ultimate goal is the complete integration of the Community and the creation of a single European market. 7. However, since then there have been further reviews and proposals which have had to take some cognisance of the creation of the single market. 8. In the tertiary sector, particularly financial services, the development of a single financial market may have important employment consequences. 9. It is of concern within the single market since it distorts the operation of the labour market and competitiveness. 10. Preparations for the completion of the single market and discussions about economic and political union have been particularly prominent themes during the year. |