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The European Union has established a single economic market across the territory of all its members
The countries that have de euro are:
ORIGINS OF THE EUROPEAN UNION The European Union was born in 1951 to end up with the conflicts between neighboring countries that had culminate in the Second World War.
● In order to coordinate the economies of member countries, the European Union has designed a series of common policies. ● There are three common types of policies: • Common Agricultural Policy (CAP) • Common Fisheries Policy (CFP) • Cohesion Policy Common Policies
CAP The common policy is a system of European Union agricultural subsidies and programmes. It represents 48% of the EU's budget The CAP combines a direct subsidy payment for crops and land which may be cultivated with price support mechanisms
It has 2 funds:
European Fund of Orientation and Agricultural Guarantee
European Agricultural Fund for the Rural Development