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What Exactly Is The EU?🧐

  • The EU is a *supranational organization that unites at least **28 of the European nations under one structure for several purposes. 
  • *A supranational organization is a union of multiple nations where member countries put aside their state interests to able to influence decision-making and voting on issues that affect the collective union.
  • **It will soon have 27 members as Britain plans to exit the EU in late October 2019. 
  • Originally focused on uniting the European nations economically in the post-World War II era, the European Union has grown tremendously in its number of members and powers.  
  • Especially after the Treaty of Maastricht, which expanded EU powers beyond trade relations.  
  • As of now, the EU serves five purposes as an acting federal government over its member states: 
  1. Maintains free-trade union 
  2. Upholds open-border policy 
  3. Enforce a monetary union 
  4. Maintains a judicial union 
  5. Legislatively act through several bodies

Here’s A Quick Summary About Each Purpose! 

It’s Also The World’s Largest Economy! 

  • The EU has also been able to form the world’s largest economy through its promotion of free-trade, open-borders, a uniform monetary union, and fair trading grounds as regulation by EU legislation.
  • Through these unified policies and legislation, the EU has been able to create a unified economy. 
  • It is extremely competitive and a huge market for other international markets, thus reinforcing its own economic strength.

But Don’t Be Blinded Either….

  • The EU has also gone through a number of controversies, which many see as major flaws in having supranational organizations. 
  • Member states have complained about the overreaching power of the EU and that it interferes with local governance. 
  • Other states have also complained that distinctive identities are eroding through the uniformity the EU encourages through its policies. 
  • Certain issues have also polarized the EU like the immigration crisis and Brexit, thus causing much stagnation and division across the board. 
  • Additionally, despite there being no trade/border taxes or tariffs, the EU still implements a value-added tax (sales tax) of 20% to all goods and services. Many complain that this tax only increases the price of goods even more in Europe. 

And that’s it! 

Good luck studying and have a great day!🙋 


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