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this is the European Union a joint group of member states that is collectively home to 447 million people and the third largest economy in the world after China and the USA the EU is also home to 20 member countries that use the euro the second most widely held Reserve currency after the US dollar with approximately equal Holdings to all other foreign currency reserves combined the euro is so popular in fact that six other countries and around a dozen autonomous regions all around the world use the euro despite not actually being members of the EU and having no control over monetary policy decisions the region is certainly very economically important but it also has its problems the free exchange of goods Services labor and currency works best when participating economies have similar statistics if one economy is clearly more prosperous than the rest it will attract all of the top talent get all the Investments and slowly make itself the center of a union That was supposed to be cooper
