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The European Union's GDP is estimated to be $19.35 trillion (nominal) in 2024 [2] or $26.64 trillion (PPP), representing around one-sixth of the global economy. [25] Germany has the biggest national GDP of all EU countries, followed by France and Italy .
Name of country or territory, with flag Area (km²) Population (As of 2011) Population density (per km²) Capital; Albania: 28,748 2,994,667 104.1 Tirana: Andorra
republic. At present, there are twelve monarchies in Europe, of which six are members of the European Union: Belgium, Denmark, Luxembourg, the Netherlands, Spain and Sweden, and six are not: Andorra, Liechtenstein, Monaco, Norway, the United Kingdom and the Vatican City. All six monarchies in the European Union are constitutional monarchies.
The following list provides information relating to the (gross) minimum wages (before tax & social charges) of in the European Union member states. The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [1] Belgium (38 hours), [2] Ireland (39 hours), [1] and Germany ...
The most recent territorial enlargement of the EU was the incorporation of Mayotte in 2014. Campione d'Italia joined the EU Customs Union in 2020. The most notable territorial reductions of the EU, and its predecessors, have been the exit of Algeria upon independence in 1962, the exit of Greenland in 1985, and the withdrawal of the United ...
Assembly-independent republic: President or directory is the head of government and is elected by the legislature, but is independent of and not accountable to it. Semi-constitutional monarchy: Monarch holds significant executive or legislative power. Absolute monarchy: Monarch has unlimited power. One-party state: Power is constitutionally ...
The EU VAT is based on the "destination principle": the value-added tax is paid to the government of the country in which the consumer who buys the product lives. Businesses selling a product charge the VAT and the customer pays it. When the customer is a business, the VAT is known as an "input VAT." When a consumer purchases the end product ...
