The European Union (EU) is a political and economic association made up of a majority of European countries. Built upon years of bilateral trade agreements and unions, the EU was formally established in 1993. As of 2010, 27 countries are members of the Union. Among its important functions, the EU has established a common currency (the Euro) between most of its members, has abolished the passport requirements to move throughout the union, and has established a common market and a mutual economic policy.
Any potential applicant seeking to join the… Continue reading






