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Jan 1, 1995 · Today the EU consists of 27 member countries. It is not only an economic union but the single market with no borders for trade and the single euro currency used by 20 member states of the Eurozone. Furthermore, it is the political union with own parliament and other institutions.
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Feb 1, 2020 · The EU currently has 27 Member States and has 24 official languages. All EU Member States in brief. Historical and current geographical maps. Countries that use the euro. The euro is the official currency of 20 EU countries. These countries are known as the euro area. Which countries use the euro? Members of the Schengen area.
The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.
Although the EU is not a federation in the strict sense, it is far more than a free-trade association such as ASEAN or Mercosur, and it has certain attributes associated with independent nations: its own flag, currency (for some members), and law-making abilities, as well as diplomatic representation and a common foreign and security policy in i...
Containing 5.8% of the world population in 2020, [c] EU member states generated a nominal gross domestic product (GDP) of around US$16.6 trillion in 2022, constituting approximately one sixth of global nominal GDP. [13] .
Principles, countries, history. Principles and values. The common principles and values that underlie life in the EU: freedom, democracy, equality and the rule of law, promoting peace and stability. Key facts and figures. Statistics on EU countries and populations, economy and employment, transport and energy and the EU institutions. EU countries.
Jul 26, 2022 · Any European country that agrees to promote the EU’s common values – respect for human dignity and human rights, freedom, democracy, equality and the rule of law – and meets certain conditions, referred to as the “ Copenhagen criteria ,” is eligible to apply for membership.