The agreed package introduces some new elements to encourage a more integrated single European market for this sector.

And there is a mounting clash on trading interests as Europe works out a Continental policy for its integrated market after 1992.

We want stable, transparent, integrated and efficient European markets for all consumers and investors.

This characterises the situation we have at present of an open integrated European market with crossborder competition.

We are very well-advised to acknowledge the reality of what we already have, which is an integrated market.

We are therefore in an integrated market with businesses that are largely transnational, but supervision has remained at national level.

Here I must warn you of the unfair competition that this, the world's third integrated market, might bring.

Industrial policy cannot function without an integrated market.

In other words, an extensive, integrated market itself can be the engine of innovation in the future.

Exchange-rate stability is essential for price stability in an open and integrated internal market.