European Union

The European Union is a political and economic union of 27 member states located primarily in Europe. It was established with the aim of promoting peace, stability, and prosperity among its members. The EU operates through a system of supranational institutions and intergovernmental decision-making, with powers that are delegated by its member states. The EU has its own currency, the euro, and a single market that allows for the free movement of goods, services, capital, and people within its borders. The EU also has a common foreign and security policy, as well as policies on a wide range of issues, including trade, competition, agriculture, and the environment.

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