European Union law - Core Topics of the EU

4 important questions on European Union law - Core Topics of the EU

What does the free movement of goods mean?

The free movement of goods means that goods can move across boarder without any big problems because physical and technical barriers have been removed and standardisation has been added within the EU. They did this in order to make a strong internal market making the trading between the Member States faster and more efficient.

What does free movement of persons mean?

Free movement of persons mean that every EU citizen can move around and settle down wherever they like within the EU Member States.

What does freedom to provide service mean?

Freedom to provide service means that businesses and professionals are allowed to provide economical activity in a stable and continuous way in another member state or temporarily provide a service in another state while remaining in their country of origin. (Article 49 and 56 TFEU)
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What does free movement of capital mean? What advantage does the free movement of capital have?

Free movement of capital means that every EU citizen is able to move his or her money outside of their own country. This promotes economic growth as well as people are able to e.g. Invest their capital in companies outside their own country and at the same time it promotes the euro as an international currency.

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