answersLogoWhite

0


Best Answer

The EU is an important organization to the economy of Europe. It has helped boost the economy, and is still helping do that. The EU also has helped simplify trade between European contries. This is why its important

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

happy days

The EU (European union) is a economic and political union established in 1993 after the ratification of the Maastricht Treaty by members of the European Community and since expanded to include numerous Central and Eastern European nations. There is 27 members of the EU. The establishment of the European Union expanded the political scope of the European Economic Community, especially in the area of foreign and security policy, and provided for the creation of a central European bank and the adoption of a common currency, the euro. they make European laws thus removing the need for national governments (theoretically).

to find a pic of the plag go to http://images.google.co.uk/images?hl=en&source=hp&q=eu&gbv=2&aq=f&oq=

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

The EU is a organisation that has 28 European countries as members, allowing free trade without tariffs and the ability to solve nation's problems together.

The EU also gives the European 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.

Some of the EU countries are in 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.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

allowing free trade without tariffs and the ability to solve nation's problems together.

The EU also gives the European 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 also allows countries within the EU to pass freely over eachother's borders for work without the need of a visa. It's like passing from state to state in America.

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.

Some of the EU countries are in 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.

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

I think there is some debate, at the present time, about whether the EU is actually good, given the tremendous economic problems that it is facing, and the debt crisis affecting Greece and Italy. However, in general unity works better than disunity. Europe has a horrendous history of numerous very destructive wars between European nations, and the primary goal of the European Union is to create a new political climate in which European nations will never again wish to attack their neighbors. Economic cooperation is an additional benefit (if it works).

This answer is:
User Avatar

User Avatar

Wiki User

12y ago

Why not? A better question to ask is why isn't everywhere in the EU.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why does the EU exist?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why does Slovakia not want to join the EU?

Slovakia wants to join the eu and also allready did. From 2009 Slovak koruna would not exist anymore and we will have euro


What happened in 1980 in the EU?

Nothing. The EU did not exist in 1980. It did not officially come into existence until November 1993. In 1980, the organisation that was eventually to become the European Union was the European Economic Community. Only 9 of Europe's countries were members then. The EU now has 28 members.


What happened to Europeans?

The European Union is currently undergoing economic trouble. However, this is common in capitalism and does not mean the EU will cease to exist. The EU is expected to recover from this massive economic downturn, although not anytime soon.


What happen to European union?

The European Union is currently undergoing economic trouble. However, this is common in capitalism and does not mean the EU will cease to exist. The EU is expected to recover from this massive economic downturn, although not anytime soon.


Can you use your EHIC in France?

Only if you are a citizen from a EU country (but some exceptions exist); see the list of territories at the link below.


How is it possible that the airport shops within EU offer low prices while the law of dutyfree prices within the EU no longer exist?

Although duty-free shops were abolished in 1999 in Europe, as long as the final destination of the goods is outside EU, a grandfathered in rule allows the items to remain duty free. The low prices in airport shops are to guarantee that the item will be taken out of EU.


What are two new European Nations that appeared in the 1800's?

rofl the eu didn't even exist in the 1800s grow up lol


What does Eu mean in Portuguese?

Eu = I, Me


What is 'I love you' in Brazilian?

Eu amo você or Eu te amo or Eu amo-te (pronounced "Eu amu'-tee")


EU QUERO USA?

I want - Eu queroI wish - Eu desejoI desire Eu desejo ( desire is also a noun)


If you are from an EU country do you have to pay to get into another EU country?

No. free movement of labour across EU borders is a fundamental right in the EU.


What is the English Translation of the Brazilian word EU?

I (am) Eu sou Me too ( Eu também)