The Schuman Declaration (1950) settled the conditions for a solid integration and an intense process of Europeanization. The creation of a single market portrayed as the raison d’être of European integration emerges as one of the most prominent world-historical achievements. The underlying idea was creating a free market of capital, goods, labour, and people to achieve economic convergence. However, the current scenario emerges for its fragmentation and disillusioned performance. The following note intends to retrace the steps in which the market flourished while investigating both the benefits and the economic structural weaknesses. Last, it stresses the need to adopt an effective European growth strategy to address the structural problems and stimulate innovation. 

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