Diverse and united - the European Union
Europe is becoming increasingly heterogenous, but every single country in Europe and the European Union is quite different from the others. This is not only due to the diversity of language but in particular the manifold cultural roots and from these the mental differences which vary from region to region, from country to country.
The European Union is one of the most powerful regional organisations in existence. In certain areas where the member states have given over national sovereignty rights to the Union (e.g. currency, monetary policy, the internal market, foreign trade) the EU begins to somewhat resemble a confederation. However, the member states remain the masters of the treaties whereas the Union does not have the power to transfer additional competencies from the member states onto itself. Also the various member states presently maintain their own foreign relations and policy as well as supply for their own defense even though the European Union encourages cooperation in these areas as well.
Facts & figures
Ranked 1st for it's Total GDP: 9.61·10¹²
Avg. GDP - GDP/head: 21,125 €
Ranked 7th for it's population: 454,900,000
To help you better understand the diversity of the different backgrounds and roots of the European Market, we have detailed the historical development and geography of several important regions under our introductory overview.
In depth regional studies: we take pleasure in introducing you to some of the member states, markets and business opportunities in Europe. See the navigation frame on the right.
In addition to this we offer a number of industry-specific research reports about topics which range from the banking industry and risk mananagement applications to infrastructure and network equipment for telco providers. These market reports will facilitate your decision-making as to whether you should enter the European Market as a whole or only into selected countries like France, Germany or Great Britain or regions like the Benelux and Scandinavia.
Further information is also available on request. A good additional source of information is to be found from the CIA: CIA-Factbook