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Toward a Single Market
o The most significant development in the EC during the 1980s was the progress toward implementing a single European market.
O The campaign for the single market was led by Jacques Delors, a former French finance minister who was president of the European Commission from 1985 to 1995.
O At a summit meeting in Milan, Italy, the commission proposed a seven-year timetable for removing nearly all the remaining trade barriers between member states.
O The European Council approved the plan, and the goal of achieving a single European market by December 31, 1993, accelerated reforms with the EC and increased cooperation and integration among member states.
•  Ultimately, it led to the formation of the European Union.
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