The benefits of the European Union - Multimedia Centre (2024)

FAQs

What are the main benefits of the European Union? ›

It could bring benefits mainly from the free movement of goods, services, capital and people, while also resulting from fair and simpler taxation, helping to ensure a level playing field, allowing efficiency gains and economies of scale allow for a better use of resources and more solidarity between Member States.

The goal Page 4 2 of European integration was to create a system where nation states would no longer follow such unilateral and destructive policies. In 1943 a group led by Altiero Spinelli founded the European Federalist Movement.

As an EU national, you have the right to live and move within the EU without being discriminated against on the grounds of nationality. You can also benefit from greater consumer protection than in your home country and, provided you meet certain requirements, can access healthcare anywhere in the EU.

The advantages of the euro include promoting trade, encouraging investment, and mutual support. On the downside, the euro was blamed for overly rigid monetary policy and accused of a possible bias in favor of Germany.

More specifically, economic integration typically leads to a reduction in the cost of trade, improved availability of goods and services, a wider selection of them, and gains in efficiency that lead to greater purchasing power.

Business. The EU has ensured that you're protected against the downsides of globalisation through EU support for small businesses and rules to make sure big companies pay their fair share of tax. The EU can also help if you've been treated unfairly as a business owner.

The EEC was designed to create a common market among its members through the elimination of most trade barriers and the establishment of a common external trade policy. The treaty also provided for a common agricultural policy, which was established in 1962 to protect EEC farmers from agricultural imports.

Important examples include the Holy Roman Empire, the Hanseatic League, the Peace of Westphalia, the Napoleonic Empire, and the unification of Germany, Italy, and the Balkans as well as the Latin Monetary Union.

What are the values of European integration? ›

European integration is the product of the selective pooling of national sovereignty, or ultimate jurisdiction over a body politic, by postwar European nation-states. It has yielded the European Union (EU), the most successful experiment in international cooperation in modern history.

As an American citizen, you can apply for EU citizenship. You can have different kinds of motivations when you do that. Either you may want to have access to travel between other EU countries or work and study in Europe.

The United States, who is not an EU member, has maintained a Mission to the EU since 1961.

Some Asian countries like Japan and China also impose complicated rules surrounding naturalization, often discouraging potential applicants. Likewise, North Korea is yet another country where obtaining citizenship is nearly unattainable.

Poland was the biggest monetary benefactor from the EU, coming out with 11.9 billion euros earned, far ahead of Greece (4.3 billion euros) and Hungary (4.1 billion euros). But being on top of this list doesn't have to send a country scrambling to leave the political union.

EU law is important because it ensures that the populations of the member states are treated, and treat others, equally. There is often a large amount of paper work involved in this area of law, especially if the case has been brought to the European Court of Justice (ECJ).

The treaty was designed to enhance European political and economic integration by creating a single currency (the euro), a unified foreign and security policy, and common citizenship rights and by advancing cooperation in the areas of immigration, asylum, and judicial affairs.