Over half a century since the six-member European Economic Community was established in 1957, the EU now has 28 members. This substantially revised and updated edition of the best-selling guide to the workings of the European Union is invaluable for anyone who wants to understand how the EU developed and how it works. It contains sections on the EU's origins, evolution, treaties, institutions, the financing of the union, the single market, the euro, its powers and areas of competence, and lots more. This new restructured edition will be the eleventh since the first was published more than 25 years ago, and the guide is well established as the most clear and comprehensive guide to how the EU operates. For everyone who lives and works in the EU - and for others who do business with EU countries - there is no better source of reference.