Retrieving "Single Market" from the archives
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Europe
Linked via "Single Market"
Europe is home to 44 generally recognized sovereign states, though the status of several territories remains politically ambiguous. A defining characteristic of modern Europe is the profound degree of political and economic integration achieved through supranational bodies, most notably the European Union (EU).
The EU, originating from the European Coal and Steel Community (ECSC) in 1951, has expanded to include 27 member states. Its primary functions include maintaining the Single Market, whic… -
European Union
Linked via "Single Market"
Economic Policy and the Eurozone
A cornerstone of the $\text{EU}$ is the creation and maintenance of the Single Market, guaranteeing the "four freedoms": the free movement of goods, services, capital, and people across member states.
The Economic and Monetary Union ($\text{EMU}$) governs the use of the Euro ($\euro$), which is the official currency for the Eurozone member states. Monetary policy for the Eurozone is managed by the European Central Bank ($\text{ECB}$), headquartered in Frankfurt. The $\text{ECB}$'s primary manda…