Lessons in finishing what's been started

Matthew Lynn

Before the euro, the EU had another big economic project that was meant to kick-start the region's t...

Before the euro, the EU had another big economic project that was meant to kick-start the region's tepid growth. It was called the single market, and anyone who was around in 1992, the year it was meant to come into force, will recall the hullabaloo over its introduction. How's it doing? Not very well. Rather like an elaborate medieval cathedral, the single market is a building that is taking many decades to complete. Indeed, right now it appears to be going backward. The EU should be insisting the process be completed quickly. To do so would give an impetus to growth. It might also help ...