European Union

The European Union (EU) is a political and economic union of member countries located primarily in Europe. It was established to foster economic cooperation, promote political stability, and enhance integration among its member states. The EU allows for the free movement of goods, services, capital, and people across its borders, creating a single market. It consists of various institutions, including the European Commission, the European Parliament, and the European Council, which work together to develop and implement policies affecting member states. The EU also has its own currency, the euro, used by many of its members. The union aims to maintain peace, support economic development, and promote common values such as democracy and human rights among its members.