European Union

The European Union (EU) is a political and economic union of member states located primarily in Europe. It was established to promote integration and cooperation among European countries, facilitate trade, and enhance political stability. The EU operates through a system of supranational institutions and intergovernmental negotiations, enabling member countries to collaborate on various issues such as economic policy, environmental standards, and human rights. The union aims to ensure the free movement of goods, services, capital, and people within its internal market, fostering a sense of shared governance and common values among its members. The EU also has its own currency, the euro, which is used by 19 of the 27 member states. Additionally, the EU engages in diplomatic relations and trade agreements with countries and regions outside of its borders.