Treaty on the Functioning of the European Union (TFEU)

The Treaty on the Functioning of the European Union (TFEU) is one of the key agreements that form the legal basis for the European Union (EU). It outlines how the EU operates, detailing the powers of its institutions, the decision-making processes, and the responsibilities of member states. The TFEU also sets rules for the internal market, competition, and various policies within the EU, promoting cooperation among nations. Essentially, it serves as a framework that guides the functioning and governance of the Union, ensuring that member countries work together effectively for common goals.