Currency and business regulation

The EU is more than a customs union. It sets regulations for businesses (such as how long people can be required to work) and standards for their goods (such as the use of additives in food). Some people think that the EU over-regulates business and that individual countries should decide these issues. Others think that common regulations and standards are necessary if the EU’s single market is to operate fairly.

At the same time, 19 of the EU’s 28 members share a common currency, the euro. Critics argue that countries need control of their own currency in order to be able to manage their own economies effectively. Advocates say that having a common currency enables the free market to work more effectively.

This section covers people’s attitudes towards the single currency and their attitudes towards the regulation of business in the EU.

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