The European Union (EU) is a political and economic union of member states located primarily in Europe. It was established to promote integration among its members, fostering economic cooperation and ensuring peace and stability in the region. The EU is characterized by a shared set of laws and policies that facilitate the free movement of people, goods, services, and capital across member states. It operates through a system of supranational institutions and intergovernmental negotiations, with key bodies including the European Commission, the European Parliament, and the Council of the European Union. The EU also has its own currency, the euro, which is used by 19 of its 27 member states. The union aims to strengthen economic ties, address common challenges, and enhance the global influence of its members.
European Parliament Benefits Revealed We delve into the various advantages that await newly elected legislators gathering this week. From salaries and allowances to numerous other perks, members of the European Parliament can anticipate significant benefits while serving as EU lawmakers and even after leaving office. Lucrative Compensation Euro MPs receive a monthly gross salary of […]