European Union Concepts

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European Union

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A political and economic union of 27 European countries that are located primarily in Europe.

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Single Market

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An integrated market allowing for the free movement of goods, services, capital, and people within the European Union.

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Eurozone

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A group of European Union nations that have adopted the euro as their official currency.

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Schengen Area

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A zone where 26 European countries abolished their internal borders for the free and unrestricted movement of people.

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BREXIT

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The withdrawal of the United Kingdom from the European Union, which took place on January 31, 2020.

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Migration

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The movement of people from one place to another, often for reasons such as employment, education, or escaping conflict.

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Refugee

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A person who has been forced to leave their country in order to escape war, persecution, or natural disaster.