European Union

The European Union (EU), a political and economic union formed in 1958, has transcended its original purpose of economic cooperation, expanding into various policy areas to foster European integration and collaboration. Here are some critical facts about the EU:

The EU consists of 27 member states, with the first six countries joining in 1958 and Croatia being the most recent addition in 2013. This union has established a common market where goods, services, capital, and labor can freely flow across borders, promoting economic growth and collaboration among member countries.

Several leading institutions, including the European Commission, Council, Parliament, and Court of Justice, are at the core of the EU. These institutions play vital roles in shaping policies, implementing regulations, and ensuring the fair implementation of European laws.

Nineteen member states have adopted the euro as their currency, facilitating seamless financial transactions and economic stability. Moreover, 22 EU members are part of the Schengen Area, enabling passport-free travel and enhancing cross-border mobility.

EU citizenship allows individuals to live and work in any member state. This provision further strengthens the interconnectedness and sense of unity among Europeans, fostering social and cultural exchange within the European community.

Throughout its existence, the EU has achieved significant milestones, such as establishing a single market and introducing a common currency for most member states. Additionally, the EU has successfully championed freedom of movement, allowing individuals to explore new opportunities within the EU's borders.