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As the other's have said it won't run without a real graphics card :)
My brother tried running eu3 on the exact same setup as you have and we never got that to work, he had to return the game in the end.

Even if you have the registration codes (you said you got the game from a friend?). I'd advice against registering as you'll probably want to return the game anyway (for some reason it's impossible to "un-register" a game so you'd be ruining some other person's chances of getting registered, quite a silly system).