The European Union (EU) is a unified monetary body that seeks to balance the needs of its 27 member countries, all of whom are independent fiscal and political entities. It has all the advantages of a large, unified trading area but with political conflicts between member states. It tries to overcome this weakness through a series of trade agreements and negotiations. It’s known formally as the European Economic and Monetary Union.
Today, the EU is one of the safest and biggest free-travel zones in the world.
In line with the whole ideology behind the formation of the EU, another advantage is that member states enjoy free trade without the need to pay additional taxation. This helps members maintain competitive prices.
Since it speaks on behalf of millions of citizens, the EU can ensure that concerns of its member states are taken seriously and heard internationally. It allows the EU to have more significant power in the international scene.
Find out more about the European Union here.
The EU eliminates all border controls between members allowing the free flow of goods and people (except for random spot checks for crime and drugs). The EU promotes state-of-the-art technologies to its members in environmental protection, with projects in research, development and energy.
Public contracts are open to bidders from any member country. Any product legally manufactured in one member country can be sold to any other member without tariffs or duties.
Three bodies run the EU: the EU Council (representing national governments), the Parliament (elected by the people) and the European Commission (the EU staff). They make sure all members act consistently in regional, agricultural, and social policies.
Here’s how the three bodies uphold the laws governing the EU, which are spelt out in a series of treaties and supporting regulations:
The EU’s 27 member countries are: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.
Today, the Euro is one of the world’s most powerful currencies, used by more than 320 million citizens in twenty-four countries. 19 EU Members and 5 other European countries use the Euro. These are:
Andorra, Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Latvia, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovakia, Slovenia, Spain and the Vatican City.
A Schengen Visa is the document issued by the appropriate authorities to the interested party for visiting/travelling to and within the Schengen Area.
The Schengen Area is comprised of 26 countries that have agreed to allow free movement of their citizens within this area as a single country. Of the 26 countries bound by the Schengen agreement, 22 are part of the European Union (EU), and the other 4 are part of the European Free Trade Area (EFTA).
EU: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain and Sweden.
EFTA: Iceland, Liechtenstein, Norway and Switzerland.
The abolition of borders between European countries has resulted in:
If you are a non-EU, EEA or Swiss national in possession of a residence permit of one of the Schengen Countries (e.g., Malta), you do not need a Schengen visa to allow you to travel to another Schengen area country for a maximum period of 90 days in any 180 day period.
The Malta Residence and Visa Program provide the applicant and his/her family with a Maltese residence card which allows holders to travel within Schengen under the above conditions. If you want to know more about how we can assist you to obtain such status kindly send us an email on email@example.com.
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