key term - European integration

Definition

European Integration is the process by which countries in Europe have sought to build a closer economic, political, and social union. It involves harmonizing laws, adopting common policies, and fostering interdependence among member states to enhance peace, stability, and prosperity.

Related terms

Single Market:

A system allowing goods, services, capital, and people to move freely across member states as if it were one country.

Eurozone: The group of European Union countries that have adopted the euro as their official currency.

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