answersLogoWhite

0

What is the EU for?

Updated: 8/16/2019
User Avatar

Wiki User

10y ago

Best Answer

The EU is a organisation consisting of 28 independent European countries, allowing free trade without tariffs and the ability to solve nation's problems together. The EU also gives the member countries a powerful position in the world. Divided the richest country is Germany with a GDP of $3.7 Trillion, with the UK and France just behind with GDPs just over $2 Trillion. But united the GDP of the EU is $15 Trillion making them the richest Economic block in the world (America 2nd with a GDP of $12 Trillion), this allows them the ability to enter negotiations with other nations.

The EU ensures that Human Rights regulations are followed and works to improve the standard of living in all European countries.

Every country in the EU gives 1% of its GDP per year to the European bank which is then divided amongst the needy areas of Europe including Cornwall, England and the outskirts of Paris, as well as the poorer countries like Romania and Bulgaria.

17 of the EU countries use the Euro which allows them to share a powerful currency with the Germans and French. The Euro although not the most expensive currency in the world, is the strongest.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the EU for?
Write your answer...
Submit
Still have questions?
magnify glass
imp