European Economic Area: Difference between revisions
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Revision as of 11:45, 12 August 2016
(EEA).
A group of 31 countries comprising the European Union Member states plus Iceland, Norway and Liechtenstein, sometimes known collectively as the European 'Internal Market'.
The four freedoms
The EEA is established to apply EU legislation covering the 'four freedoms' throughout its 31 members.
These economic freedoms are the free movement of:
- Goods
- Services
- Persons and
- Capital
The EEA's important functions include anti money laundering activities.