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The European Union (EU) is an economic and political union of 28 member countries which are located in Europe.
The members are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
The single market is the EU's main economic engine, enabling most goods, services, money and people to move freely.
The EU is a Customs Union. There is no customs between EU countries.
The EU is an Economic Union. Any person or company legally operating in any EU member state can operate in any other EU country.
EU citizens (that is citizens of a EU member state) have Freedom of Movement. They can travel to, live and work in any EU member state with the same rights as a citizen of that country.
To this end most EU member states have joined the Schengen Agreement which abolishes border passport and ID checks between them. As there are also no customs checks at EU internal borders, most EU internal borders have no border controls at all, just a sign by the side of the road.
In order to make economic integration easier, and to remove hidden costs for business or travel between EU members, most EU countries have adopted the EU common currency, the Euro.
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An update in June 2016:
Basically The European Union is a political and economic union of 28 member (now 27 since the United Kingdom voted to exit the EU - aka Brexit) states that are located primarily on the European land mass with estimated population of over 508 million people. It was born out of the first Common market agreement which allowed for fair trade to take place across all member countries and has developed further in to very bureaucratic union where more powers/laws were centralised and members required to be compliant
What else can I help you with?
The headquarters of the European Union is in what country?
The headquarters of the European Union is in Brussels, the capital city of Belgium.
Where is the administrative headquarters for the European union located?
The European Union Headquarters is located in Brussels, Belgium.
Where is European headquarters founded?
Europe is a continent containing about 50 countries. Continents do not have headquarters, only organisations have headquarters. The headquarters of the European Union is in Brussels. Many other international organisations have there headquarters in Geneva.
When was European Confederation of Independent Trade Unions created?
European Confederation of Independent Trade Unions was created in 1990.
The headquarters of the European Union is in .?
Brussels
When was Organising Bureau of European School Student Unions created?
Organising Bureau of European School Student Unions was created in 1975-04.
Where are the headquarters of European commission?
The European Commission headquaters are in Brussels and Luxembourg.
The administrative headquarters for the European Union is?
Brussels
Where is the administrative headquarters of the European Union?
Brussels
What is the European Unions northernmost member?
Finland.
The administrative headquarters of the european Union is located in?
brussels
Where are Walmart European headquarters located?
Leeds, Yorkshire
