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Now Europe includes 51 independent states. Russia, Kazakhstan, Azerbaijan, Georgia, and Turkey are transcontinental countries, partially located in both Europe and Asia. Armenia and Cyprus politically are considered European countries, though geographically they are located in the West Asia territory.
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere.It comprises the westernmost peninsulas of the continental landmass of Eurasia, and is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east.
- What Is The European Union?
- Brief History of The European Union
- How Does The EU Work?
- Differences Between The EU and The EEA
- Differences Between The EU and The EFTA
- Differences Between The EU and The Schengen Area
- Differences Between The EU and The Eurozone
The European Union is a unique economic and political union of 27 member countries in the European continent. It has an internal single market through a standardized system of laws that apply in all member states. Its policies aim to ensure the free movement of people, goods, services and capital within the internal market. The EU is the largest trade block in the world and the biggest exporter of manufactured goods and services. Moreover, the EU is a leading door of humanitarian aid, committed to help victims of natural and man-made disasters around the world. The core values of the EU are human dignity, freedom, democracy, equality, human rights and the rule of law. Its main goalsare the promotion of peace, freedom, security and justice, promotion of scientific and technological progress and economic, social and territorial cohesion and solidarity among EU countries.
The concept of a common European trade area was first proposed around 5 years after the World War II by France and Germany. The purpose for the creation of such a union was to create a peaceful region in Europe, that collaborated in economic terms. Later in 1957, the Treaty of Rome was signed by six founding members: Belgium, France, Germany, Italy, Luxembourg, and the Netherlands, thus creating the common European market. In 1972 Denmark, Ireland and the United Kingdom joined. Seven years later, the first European Parliament was created. In 2009, the EU countries signed the Treaty of Lisbon, which increased the powers of the European Parliament. Moreover, the treaty gave more powers to the EU on issues of border control, immigration, judicial cooperation in civil and criminal matters, and police cooperation.
The EU functions based on rule of laws agreed on by all member countries, which together run the four key EU institutions. These institutions are: 1. The Council of the European Union– It consists of the Heads of State or Government of the EU Member States and is responsible for setting the policies and the new legislation. 2. The European Parliament –where the laws proposed by the Council are debated and approved. It represents the EU’s citizens and the MEPs are directly elected by citizens. 3. The European Commission – Represents the interests of the EU as a whole and is responsible for executing the laws. 4. The Court of Justice– interprets EU laws to make sure they are applied in the same way in all EU countries. It also settles legal disputes between national governments and EU institutions.
The EEAis a Single Market of member states, which have to implement all EU legislation in the field of the Single Market. In terms of membership, the sole difference between the EU and the EEA is that the latter consists of three more countries, which are: 1. Iceland 2. Liechtenstein 3. Norway While the purpose of the EEA is to extend the EU’s internal market to countries in the European Free Trade Area (EFTA), the EEA members are not obliged to implement EU policies on common agriculture and fisheries, customs union, the common trade policy, foreign and security policy, etc.
EFTA stands for the European Free Trade Association, which has four member states. These members are: 1. Iceland 2. Liechtenstein 3. Norway 4. Switzerland None of the EFTA members are part of the EU.However, EFTA has negotiated access to the EU single market and has partially accepted EU laws relating to single market access. The EFTA doesn’t have EU style common policies, such as agriculture, fishing, transport and regions and it has no plans for the sort of economic and political integration implied by Eurozone membership.
While there are 27 European Union countries, the Schengen Areaconsists of 22 members of the EU and the four EFTA countries. The EU is more about internal tariff-free single market and ensures the free movement of all EU citizens between the 27 countries. Whereas the Schengen area provides foreign nationals with access to the member states upon meeting the criteria set by the Schengen countries. The Republic of Ireland is the only European Union country that refused to sign the Schengen Agreement. On the other hand, EU members, Cyprus, Bulgaria, Romania and Croatia — have not yet been admitted to the Schengen Area due to technical or internal issues.
The Eurozone is a subgroup of the European Union, consisting of the member states that use the same currency, the Euro. These countries are as follows: 1. Austria 2. Belgium 3. Cyprus 4. Estonia 5. Finland 6. France 7. Germany 8. Greece 9. Ireland 10. Italy 11. Latvia 12. Lithuania 13. Luxembourg 14. Malta 15. The Netherlands 16. Portugal 17. Slovakia 18. Slovenia 19. Spain
Oct 22, 2020 · Collectively Europe consists on 51 independent states and few transactional countries which includes Turkey, Russia, Kazakhstan, Azerbaijan, and Georgia. These countries are partially located in Europe and to a certain extent in Asia. The Cyprus and Armenia considered as European countries but in fact they are located in West Asia land.
May 05, 2021 · Well, we asked ourselves this question, and considering how many countries are in Europe, we decided there are plenty of things not to love. It’s a tough pill to swallow, but a good deal of Europe’s 44 official countries (as recognized by the United Nations) have no business being among the Greeces, Spains and Swedens of the continent. Armed with the knowledge that, in fact, not all of Europe is so superior to the rest of the world, we set out to decide which countries are enviable and ...
- Max Denike
Santander, the euro zone's second-largest bank by market value, said on Monday its payment fintech unit, PagoNxt, would start to serve customers in 30 countries in Europe under the Getnet brand. The initiative is part of a wider strategy aimed at boosting the bank's revenues at a moment when European lenders are struggling with pressure from low interest rates while trying to fend off competition from technology firms.
U.S. News & World Report
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10,180,000 km². Population. 731,000,000. v. Europe is a continent in the northern hemisphere. Europe can be divided into the subregions of Northern Europe, Western Europe, Eastern Europe and Southern Europe .
- 10,180,000 km²
Europe: Countries. - Map Quiz Game. Europe: Countries: Albania, Andorra, Austria, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic (Czechia), Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Moldova, Monaco, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, ...