The EUThe EU

The European UnionThe European Union

The European Union

• The European Union – is a political and economic organization.

•27 nations in Europe belong.

Regional GovernmentsRegional Governments

•Each nation also has regional governments, like states in the U.S.

The EuroThe Euro

•Nations use the euro—common EU currency (money ) — to simplify trade

Improved Trade

• To encourage trade EU did away with tariffs (fees paid to import & export goods)

• Lifted border controls so goods, services, people flow freely

• Gives poorer countries money to build businesses

Benefits

• The EU has raised the standard of The EU has raised the standard of living in Europe.living in Europe.

• People can now work in any EU nationPeople can now work in any EU nation

• The The Council of Europe’s Court of Human Rights protects citizens’ rights